This is the second analysis performed with various timeframes, which we call 'BTCUSD Tracking.' The first one was published on June 14 and can be viewed at the link below. Once again, the FiboClouds have aligned and compressed, indicating direction and strength towards the targets shown on the 30-minute chart.
If this projection is confirmed and a partial realization occurs at the first target, the stop loss should be moved from its initial position to the same line where the position was opened.
This way, the journey towards the final target will proceed with reduced risk of losses and the preservation of the partial gains achieved so far.
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