Bitcoin is forming a diamond pattern right now.
If we are able to break the pattern to the upside It's highly likely we can see 63k level soon.
I still stand with my previous BTC chart.
A retest is still due on the channel breakout.
SO if we break the 58k level along with 21D MA.
It's highly likely we can see 55k 56k level with a strong bounce in that area.
CONCLUSION: BTC maintains 21DMA we are going to 63k (Scenario 1)
Break below that level means 55k which is scenario 2 will be in play.
Do hit the like button if you like my setups and share your views in the comment section.
#PEACE
If we are able to break the pattern to the upside It's highly likely we can see 63k level soon.
I still stand with my previous BTC chart.
A retest is still due on the channel breakout.
SO if we break the 58k level along with 21D MA.
It's highly likely we can see 55k 56k level with a strong bounce in that area.
CONCLUSION: BTC maintains 21DMA we are going to 63k (Scenario 1)
Break below that level means 55k which is scenario 2 will be in play.
Do hit the like button if you like my setups and share your views in the comment section.
#PEACE
Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
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.
Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
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.