Hello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that as we are speaking, Bitcoin is approaching a quite obvious previous weekly support area which is now turned resistance exactly at the psychological $33.000 to $35.000 level.
However you can also see that weekly market structure and moving averages are massively bullish - we also just recently retested the previous Crypto cycle high from 2018 and already started the rejection towards the upside, so I simply do expect another rally on Bitcoin at the current levels.
On the daily timeframe you can see that my last video analysis, linked below, just perfectly played out, Bitcoin is also currently creating a quite obvious ascending triangle on the daily timeframe so I am now just waiting for a break and retest of the resistance at the $29.000 level before I then do expect more continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that as we are speaking, Bitcoin is approaching a quite obvious previous weekly support area which is now turned resistance exactly at the psychological $33.000 to $35.000 level.
However you can also see that weekly market structure and moving averages are massively bullish - we also just recently retested the previous Crypto cycle high from 2018 and already started the rejection towards the upside, so I simply do expect another rally on Bitcoin at the current levels.
On the daily timeframe you can see that my last video analysis, linked below, just perfectly played out, Bitcoin is also currently creating a quite obvious ascending triangle on the daily timeframe so I am now just waiting for a break and retest of the resistance at the $29.000 level before I then do expect more continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Philip - Swing Trader
Free: "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
Free: "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Philip - Swing Trader
Free: "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
Free: "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.