Welcome to this quick update guys. Today I posted a chart in which I speculated that the price of the BTC is about to bounce. At that time BTC was trading around 29760.
It bounced already and rallied almost 10% from there.
What's next?
I will keep this very simple.
BTC needs to break out of this channel and close above the green box, the price level is $33.2k.
Else we are going back below 30k soonish.
What's my bet?
I think the price is likely to move on higher levels but this resistance must be broken soon for BTC to rally harder.
What's your thought on this?
Do you agree with me? Share your ideas and views in the comment section and do not forget to hit the like button if you like my updates.
Thank you
#PEACE
It bounced already and rallied almost 10% from there.
What's next?
I will keep this very simple.
BTC needs to break out of this channel and close above the green box, the price level is $33.2k.
Else we are going back below 30k soonish.
What's my bet?
I think the price is likely to move on higher levels but this resistance must be broken soon for BTC to rally harder.
What's your thought on this?
Do you agree with me? Share your ideas and views in the comment section and do not forget to hit the like button if you like my updates.
Thank you
#PEACE
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BITCOIN IS READY FOR A MEGA RALLY BUT ON FEW CONDITIONS: READ THE LATEST UPDATE BY CLICKING ON THIS CHART.
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#Bitcoin : Hit a $40600 low a few minutes back. I was waiting for this retracement as I told you.
IMHO multiple retests are likely before the weekly close.
We need a close above 41.2k level.
This will confirm an uptrend in Higher TFs too.
Let's wait for the weekly close I'll keep this chart updated.
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Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
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.