BTC USD- A BUY SIGNAL IS RECOMMENDED!!

BTC USD started a bullish movement from the label 74399.34 on April 07 this year. That day, we saw a bullish pin bar in the daily chart to kick out the uptrend. On 22 April, Bitcoin USD broke the descending trend line and fully regained the uptrend momentum. After that, BTC USD made a sharp bullish rally. This rally reached the label- 112020.62. Then BTC USD had been starting a range trading period in the daily chart..From 22 May to 10 July this year, BTC USD has been passing a range trade period. On 10 July, BTC USD was able to break the range and new price record high, also the key weekly and daily resistance label -112020.62. We consider the range on the daily chart a rectangle pattern. This means the continuous price action pattern of a bullish trend. After breaking the resistance, the BTC USD price again shows a massive rally and has made another new price record high. After that, BTC USD gets some pullback to the label’s previous resistance 112020.62 and makes this label as new support. Again, BTC USD gets a bullish rally to the upside and makes the recent new price high record- 124566.00. From this label, BTC USD pulled back to the same previous support label 112020.66. This label is very key and eventful now. It’s also a 50% fib retracement label the recent pic 98145.42 to 124566.00. In this label yesterday we saw a bullish Engulfing pattern. So, in this daily chart scenario,o we recommend a buy entry! Buy BTC USD within the price range-115000.00 to 117430.50, set tp-123300.00, set sl-111640.00!