Bitcoin can rebound up from support area to 101K points

24 Nov 2024

Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price some time ago rebounded from the support level, which coincided with the buyer zone and dropped to 85000 points. After this, the price turned around and started to trades inside the wedge, where it later rose to 89400 level and broke this level. Next, BTC rose to the resistance line of the wedge, after which it turned around and made a correction to the support line of the wedge, after which it continued to grow. Soon, the price broke the 89400 support level one more time, made a retest, and later made a correction to this level again and then bounced up. Price rose to the resistance line of the wedge and soon exited from this pattern. Then the price reached the current support level, which coincided with the support area and broke this level. After this, BTC started to trades inside the wedge, where it reached the top part of the range, but a not long time ago, BTC made a correction to the 97300 support level. So, in my opinion, Bitcoin will fall to the support area and then start to grow to the top part of the range. Then it can exit from this pattern and continue to move up next, therefore I set my TP at 101000 points. Please share this idea with your friends and click Boost 🚀

25 Nov 2024

Dagangan aktif

BTC made correction and then started to grow and now it is located almost near the top part of the range. So, I think the price will make a correction to the support level and then continue to grow next, exiting from the range and reaching my TP:

26 Nov 2024

Dagangan ditutup: hentian tercapai

Price dropped, exited from range and breaking support level. For this reason, I close this trade(