Big "falling wedge" consolidation pattern for aprox a year Nov 2021 - October 2022 upside BREAKOUT and RETEST confirmation.
Since breakout, consistent higher highs indicating up-trend.
25300 is key resistance, with a weekly candle close above 25,300 , next immediate target could be 31,500, following with 36,900.
A weekly candle break below 22,800 may lead down to re-test 20,700-21,000.
For now, Bitcoin is stable in the up-trend and not overbought.
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I encourage you to do your own research and trade with caution.
Would very much appreciate your comments and questions! Thank you!
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Since breakout, consistent higher highs indicating up-trend.
25300 is key resistance, with a weekly candle close above 25,300 , next immediate target could be 31,500, following with 36,900.
A weekly candle break below 22,800 may lead down to re-test 20,700-21,000.
For now, Bitcoin is stable in the up-trend and not overbought.
--------------------------------------------------------------------------------------------------------------------------------------------------
I encourage you to do your own research and trade with caution.
Would very much appreciate your comments and questions! Thank you!
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Dagangan ditutup: sasaran tercapai
Long-term wedge breakout proved correct! Targets smashed and an overall over 100% gain since indicated
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.
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.