Helllo friends,
Hope you are all great
Today im going to explain a little technically about BTC.
So lets start...
First of all lets check one important Resistance BTC struggling with.
Acually its 30000 level , a psychological and sentimental resistance level.
you see this level an why its important in chart below :
secondly lets take a look at an important Trendline shaped before.
from top of 69000 this trendline was valid and now , it broke.
after this Trendline broke , the price pulled back to this line an shaped
an Evening star Candles pattern.
so this is a sign of bullish trend as you can see in chart below :
The price is creating an bullish channel and we are in the middle of this
channel right NOW :
If we can surpass this level , we can go up till 37000 target level (upper line of channel
and next important resistance level)
Overall i think BTC has a potantial of rising in coming months.
after a year we can see signs of Demand in Bitcoin.
There are a lot of Positive news for Bitcoin.
In my view , Its Start of a new CYCLE.
Be careful about your capitals.
Be Profitable...
Thanks for reading my opinion.
Hope you are all great
Today im going to explain a little technically about BTC.
So lets start...
First of all lets check one important Resistance BTC struggling with.
Acually its 30000 level , a psychological and sentimental resistance level.
you see this level an why its important in chart below :
secondly lets take a look at an important Trendline shaped before.
from top of 69000 this trendline was valid and now , it broke.
after this Trendline broke , the price pulled back to this line an shaped
an Evening star Candles pattern.
so this is a sign of bullish trend as you can see in chart below :
The price is creating an bullish channel and we are in the middle of this
channel right NOW :
If we can surpass this level , we can go up till 37000 target level (upper line of channel
and next important resistance level)
Overall i think BTC has a potantial of rising in coming months.
after a year we can see signs of Demand in Bitcoin.
There are a lot of Positive news for Bitcoin.
In my view , Its Start of a new CYCLE.
Be careful about your capitals.
Be Profitable...
Thanks for reading my opinion.
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.