Hi everyone👋
Bitcoin is moving in an ascending channel.
Bitcoin managed to break the 🟢support zone($ 29,880-$ 29,660)🟢 and the middle line of the ascending channel by the candle 4 hours ago. (The volume of the breakout candle was acceptable).
Bitcoin's next destination after the pullback to the middle line and support zone will be the next 🟢support zone($ 28,900-$ 28,600)🟢.
You may ask yourself whether Bitcoin will be able to break the ascending channel downwards or not.
🔔To answer this question, I got help from 3 indicators in the daily time frame:
Bitcoin Analyze ( OKX:BTCUSDT ), 4-hoour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin is moving in an ascending channel.
Bitcoin managed to break the 🟢support zone($ 29,880-$ 29,660)🟢 and the middle line of the ascending channel by the candle 4 hours ago. (The volume of the breakout candle was acceptable).
Bitcoin's next destination after the pullback to the middle line and support zone will be the next 🟢support zone($ 28,900-$ 28,600)🟢.
You may ask yourself whether Bitcoin will be able to break the ascending channel downwards or not.
🔔To answer this question, I got help from 3 indicators in the daily time frame:
- The MACD indicator shows Regular Divergence(RD-).👇
- The RSI indicator shows Regular Divergence(RD-) and is forming a Double Top pattern, which means that if the neckline breaks, the probability that the ascending channel of Bitcoin will break downwards is very high.👇
- The Stochastic RSI indicator shows us the end of the movement well.👇
Bitcoin Analyze ( OKX:BTCUSDT ), 4-hoour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Nota
Agree with me?Nota
How can we confirm Bull Run❗️❓
Nota
Bitcoin runs Descending Channel within an Ascending Channel!!!▶️
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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.
🎁Welcome than a 50% bonus(Low Spread)👉vtm.pro/Y3AV7r
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
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.