Hello together,
attached is my analysis on the BTC price as every day.
We have formed a nice ascending triangle. This has broken out to the upside as expected yesterday. It is now very important if you have a position open to realize some profits in any case before 50,000$. The $50,000 is a big resistance for BTC and there will be some sell orders here.
We also need to keep an eye on the yellow line from our daily uptrend channel. This is also still a small resistance to the upside.
If we break through the 50k, our price target is around 54k as this is created by our Ascending Triangle, as well as the huge Bullfag!
Stay healthy!
Your Schueco
P.s. Don't forget to Like and Follow so you don't miss anything!
attached is my analysis on the BTC price as every day.
We have formed a nice ascending triangle. This has broken out to the upside as expected yesterday. It is now very important if you have a position open to realize some profits in any case before 50,000$. The $50,000 is a big resistance for BTC and there will be some sell orders here.
We also need to keep an eye on the yellow line from our daily uptrend channel. This is also still a small resistance to the upside.
If we break through the 50k, our price target is around 54k as this is created by our Ascending Triangle, as well as the huge Bullfag!
Stay healthy!
Your Schueco
P.s. Don't forget to Like and Follow so you don't miss anything!
YOUTUBE:
youtube.com/channel/UCh8EqZyAUunyl1ryHeZAaSw
Krypto Ausbildung:
trademania.bitbull-trading.com/
Free Telegram Group:
t.me/BK_btc_trading
youtube.com/channel/UCh8EqZyAUunyl1ryHeZAaSw
Krypto Ausbildung:
trademania.bitbull-trading.com/
Free Telegram Group:
t.me/BK_btc_trading
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.
YOUTUBE:
youtube.com/channel/UCh8EqZyAUunyl1ryHeZAaSw
Krypto Ausbildung:
trademania.bitbull-trading.com/
Free Telegram Group:
t.me/BK_btc_trading
youtube.com/channel/UCh8EqZyAUunyl1ryHeZAaSw
Krypto Ausbildung:
trademania.bitbull-trading.com/
Free Telegram Group:
t.me/BK_btc_trading
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.