Bitcoin(BTCUSDT) Price Prediction 2022
The above chart of Bitcoin(BTCUSDT) laid out the Ascending triangle pattern. The ascending triangle is a characteristic pattern of an ongoing bullish trend . This triangle is formed by a horizontal upper trendline that connects the highs and the lower trendline that connects the rising lows. If the trend breaks out at the resistance level , the price will continue to move up in this ascending triangle pattern.
Currently, Bitcoin(BTCUSDT) is in the range of $21580. If the pattern continues, the price of Bitcoin(BTCUSDT) might reach the support levels of $21250, If the trend reverses, then the price of Bitcoin(BTCUSDT) may rise to $21600
Trade Level
Sell Entry : $21500
Target : $21250
Stop Loss : $21600
Happy Trading $$$$
The above chart of Bitcoin(BTCUSDT) laid out the Ascending triangle pattern. The ascending triangle is a characteristic pattern of an ongoing bullish trend . This triangle is formed by a horizontal upper trendline that connects the highs and the lower trendline that connects the rising lows. If the trend breaks out at the resistance level , the price will continue to move up in this ascending triangle pattern.
Currently, Bitcoin(BTCUSDT) is in the range of $21580. If the pattern continues, the price of Bitcoin(BTCUSDT) might reach the support levels of $21250, If the trend reverses, then the price of Bitcoin(BTCUSDT) may rise to $21600
Trade Level
Sell Entry : $21500
Target : $21250
Stop Loss : $21600
Happy Trading $$$$
Trade active
Buy Level ActivatedTrade closed manually
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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.
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.