BTCUSDT: The Sign of Advancing Phase in the Cryptocurrency?
Updated
Price Action Analysis on Bitcoin
On the H4 Timeframe, BTCUSDT rebounded on the EMA90 and Continued Moving in the Bullish Trend. The Breakout of the Descending Broadening Wedge accompanies by increasing volume, indicating a possible bullish bias ahead. The MACD Indicator also made a golden cross that signified a possible upside movement to the target area.
The roadmap will be invalid after reaching the target/support area.
Support the channel by smashing the rocket button and sharing your opinions in the comment below!
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the BTCUSDT"
On the H4 Timeframe, BTCUSDT rebounded on the EMA90 and Continued Moving in the Bullish Trend. The Breakout of the Descending Broadening Wedge accompanies by increasing volume, indicating a possible bullish bias ahead. The MACD Indicator also made a golden cross that signified a possible upside movement to the target area.
The roadmap will be invalid after reaching the target/support area.
Support the channel by smashing the rocket button and sharing your opinions in the comment below!
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the BTCUSDT"
Note
Still Moves above the upper trendline, Potential Bullish Scenario is here?Note
Creating another continuation PatternNote
Done Target 1, Another Impulsive Breakout :)Trade closed: target reached
Yup Another Win, Yippie. Like and Follow for more content ahead
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