After BTC broke through the inverse H&S, reaching a high of 31069.5, it subsequently entered a descending channel, with the price falling to around the support range of 25900.
Before breaking out of the descending channel, the expected price level was around 24000. However, with BTC breaking through the resistance trendline yesterday, it indicates that the BTC bulls will continue.
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Currently, the price is around 29,000, and a few target price levels to watch are:
29133.0
30301.5
Previous high 31069.5
Target price of the inverse H&S 35252.0~35479.0
-
Before breaking out of the descending channel, the expected price level was around 24000. However, with BTC breaking through the resistance trendline yesterday, it indicates that the BTC bulls will continue.
-
Currently, the price is around 29,000, and a few target price levels to watch are:
29133.0
30301.5
Previous high 31069.5
Target price of the inverse H&S 35252.0~35479.0
-
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Related publications
Disclaimer
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Telegram頻道:
t.me/noahchen_crypto
Telegram聊天群:
t.me/noahtradingroup
bybit sign up:
partner.bybit.com/b/56404
zoomex sign up:
partner.zoomex.com/aff/zx39840
t.me/noahchen_crypto
Telegram聊天群:
t.me/noahtradingroup
bybit sign up:
partner.bybit.com/b/56404
zoomex sign up:
partner.zoomex.com/aff/zx39840
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.