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30.05.202212:43 Forex Analysis & Reviews: Trading tips for Bitcoin

Exchange Rates 30.05.2022 analysis

The trading plan presented last Friday indicates a possible price increase above $30,600 after the false breakdown of $28,600.

plan:

Exchange Rates 30.05.2022 analysis

As expected, Bitcoin rose and broke through $30,600, opening an opportunity for traders to take long positions.

development:

Exchange Rates 30.05.2022 analysis

Congratulations to those who followed the plan! BTC moved by 2,000 pips.

For those who have not yet exited the market, you can close 2/3 of your position and leave 1/3 at $70,000.

This trading idea is based on the Price Action and Stop Hunting strategies.

Good luck and have a nice day!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Andrey Shevchenko,
Analytical expert of InstaSpot
© 2007-2025
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