BTC/USDT | Potential Upward Movement 🚀 🔨 Technical Analysis:
The bitcoin price is trading inside a bullish ascending channel formation which shows that we are in a clear uptrend. A lower correction might be seen soon to the area of confluence. This zone is made of a daily support and a 61.80% Fibonacci retracement level. After the bounce at this area, we could see the price rallying upward again. ------------------------------------------------------------------------------------- Trade Idea:
Buy Limit Order @ 57764 Take Profit @ 59608 Stop Loss @ 56961
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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.