Hi every one
Bitcoin / U.S. Dollar
If we take a Look at BTC in Bigger timeframes Like weekly, we can see that Bitcoin has formed a Big Symmetrical Triangle which has not been Broken yet. thing are looking bullish as well which is Great! There is a strong support which sits between 40k to 44k! that should be enough for BTC to react to and than starts a bullish Movement from there! when the break out happens. the Expected movement is as much as the Measured price movement (AB=CD) If our Prediction works well, we shall see BTC at 85K! but please be ware this analysis Takes a Lot of time to Achieve Profits!
Summery:
-BTC has formed a Symmetrical Triangle in weekly Time frame
-strong support between 42k to 44k
-(AB=CD) so we shall see BTC at 85k!
-no break out,no confirmation
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
Bitcoin / U.S. Dollar
If we take a Look at BTC in Bigger timeframes Like weekly, we can see that Bitcoin has formed a Big Symmetrical Triangle which has not been Broken yet. thing are looking bullish as well which is Great! There is a strong support which sits between 40k to 44k! that should be enough for BTC to react to and than starts a bullish Movement from there! when the break out happens. the Expected movement is as much as the Measured price movement (AB=CD) If our Prediction works well, we shall see BTC at 85K! but please be ware this analysis Takes a Lot of time to Achieve Profits!
Summery:
-BTC has formed a Symmetrical Triangle in weekly Time frame
-strong support between 42k to 44k
-(AB=CD) so we shall see BTC at 85k!
-no break out,no confirmation
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
Note
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Disclaimer
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📥┃Telegram: t.me/CobraVanguard
📥┃Advert/Partnership: t.me/Cobravanguardsupport
📥┃Sonic – The first TikTok App Layer 🎮 Join the gaming revolution! sonic.game
📥┃Advert/Partnership: t.me/Cobravanguardsupport
📥┃Sonic – The first TikTok App Layer 🎮 Join the gaming revolution! sonic.game
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.