Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Some days ago, the price entered a triangle, where it dropped to the support line, after which it rose briefly to the resistance line.
Then, price exited from the triangle pattern and made a retest at once, after which it corrected $81500 level.
Next, price some time traded near this level and later fell below, but soon turned around and started to grow inside a rising channel.
In channel BTC broke the $81500 level and later rose to the $93000 level, which broke soon too, and then made a retest.
Later price bounced and continued to grow, and now it trades near the resistance line of a rising channel.
Possibly, BTC can grow a little more and then make a correction movement to $99000
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some days ago, the price entered a triangle, where it dropped to the support line, after which it rose briefly to the resistance line.
Then, price exited from the triangle pattern and made a retest at once, after which it corrected $81500 level.
Next, price some time traded near this level and later fell below, but soon turned around and started to grow inside a rising channel.
In channel BTC broke the $81500 level and later rose to the $93000 level, which broke soon too, and then made a retest.
Later price bounced and continued to grow, and now it trades near the resistance line of a rising channel.
Possibly, BTC can grow a little more and then make a correction movement to $99000
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Trade active
Ok, Bitcoin continued to grow, so I expect that it will soon turn around and start to decline.Trade closed: target reached
We will see where BTC goes next on Monday. Still monitoring... 👀
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🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
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.