8K !

Updated
Traders,

Here we have BTCUSDT 1D chart.

Previously we discuseed two possible scenarios 5k VS 8K here below:

BTC 8500$ VS 5450$ Critical level !


Now we hav ea good chance and catch for making the long scenario up.

Patterns that have perfect confirmations:

1- H&S Formation with neckline must be broken above 7590$ with target 8500$

2- Down parallel channel that have the same target of previous target from H&S

3- 89 MA that it working every time by daily close above it to make sure that price have potential bull, and we're gonna towards it.

4-180 SMA too have the same target with all these patterns.

5- CME Bitcoin snapshot
we filled the previous gap and price retesting the last EMA to turn bullish again.

Like if you appreciate this.

Regards,
Mohsen
Trade active
Trade closed: target reached
Trade active
Trade closed: target reached
Bitcoin (Cryptocurrency)bitcoinforecastbitcoinpriceBTCBTCUSDbtcusdlongBTCUSDTChart PatternsParallel ChannelTrend Analysis

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