BitcoinUpdated BTC/USD-4 Hour time frame
-Hello everyone!
-On 4 hour time frame we can see that price movement formed nice ascending triangle and price broke through resistance line of ascending triangle(upper yellow line).
-We had lot of retests but price finally broke through ascending triangle's resistance line and price made a retest.Right now(16:59-on OANDA) price is in bullish movement.
-We can expect that bitcoin is going to +10 000$-Just my opinion.
-WHAT DO YOU THINK ABOUT THIS SETUP? Please let me know in comment section!
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial
-On 4 hour time frame we can see that price movement formed nice ascending triangle and price broke through resistance line of ascending triangle(upper yellow line).
-We had lot of retests but price finally broke through ascending triangle's resistance line and price made a retest.Right now(16:59-on OANDA) price is in bullish movement.
-We can expect that bitcoin is going to +10 000$-Just my opinion.
-WHAT DO YOU THINK ABOUT THIS SETUP? Please let me know in comment section!
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial
Note
Price is still moving in bullish direction.Note
Bitcoin is at +10, 000$
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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.
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.