Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
When price started to trades in rising channel, it first fell to support line, breaking $37000 level, which coincided with support area.
Then BTC repeated this movement two time and later finally rose higher than $37000 level, but then made correction.
After this, price bounced from support level and made strong upward impulse to $42850 level, thereby exiting from channel.
As well then, Bitcoin formed a pennant pattern, in which price broke $42850 level and now trades near support line.
In my mind, price can break support line, thereby exiting from the pennant, fall to support area, and then bounce to $45600
If this post is useful to you, you can support me with like/boost and advice in comments❤️
When price started to trades in rising channel, it first fell to support line, breaking $37000 level, which coincided with support area.
Then BTC repeated this movement two time and later finally rose higher than $37000 level, but then made correction.
After this, price bounced from support level and made strong upward impulse to $42850 level, thereby exiting from channel.
As well then, Bitcoin formed a pennant pattern, in which price broke $42850 level and now trades near support line.
In my mind, price can break support line, thereby exiting from the pennant, fall to support area, and then bounce to $45600
If this post is useful to you, you can support me with like/boost and advice in comments❤️
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
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.
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
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.