bitcoin weekly analysis
hey traders , checks out my last price action analysis and wish you the best
if we look at the high time frame at the BITCOIN chart , we can see the monthly and weekly double top pattern so clearly and i highlight that area for you guys aswell ,
now lets talk about a big bullish channel , look how beautiful price touches the midline channel and make a double top pattern after that touch , banggggg the price falling down ;)
we have a 30k $ price action support area
if price breaks out this area VALID , the next support area as i highlight is 20k$ and the bottom of this channel is around this prices
and the most powerful support zone for bitcoin in the monthly and weekly chart as i highlight which is a zone , is around the (12k - 14k ) $ price
if we look at the high time frame at the BITCOIN chart , we can see the monthly and weekly double top pattern so clearly and i highlight that area for you guys aswell ,
now lets talk about a big bullish channel , look how beautiful price touches the midline channel and make a double top pattern after that touch , banggggg the price falling down ;)
we have a 30k $ price action support area
if price breaks out this area VALID , the next support area as i highlight is 20k$ and the bottom of this channel is around this prices
and the most powerful support zone for bitcoin in the monthly and weekly chart as i highlight which is a zone , is around the (12k - 14k ) $ price
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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.
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.