BTC → is it the time of bullish trend???

By melikatrader94
Updated
hello guys...

as the chart illustrates, the btc after forming a double top touched the next decision level!

BTC → it will touch the $85K


now the price is in a potential area to start an upward movement, but we need confirmation!

if the price breaks up the descending trendline you can get a long position after retracement!

but be aware of targets (the blue area)

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Trade closed: target reached
the first area touched
Comment
if the neckline breaks we expect a downward movement until $61650

snapshot
Trade closed: target reached
Touched the short target!

snapshot
Trade closed: stop reached
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCBTCUSDBTCUSDTChart PatternsTrend Analysis
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