Cryptolover333

The bearish pennant has been converted in a descending Triangle

COINBASE:BTCUSD   Bitcoin
The previous Bearish Pennant has been converted in a descending triangle, Bitcoin has retested the previous support line a couple of times and is now also making resistance with the previous resistance line, the new support line has been hit two times already and could be a valid line of support also I have to comment here that we are creating some bullish divergence with some indicators, RSI, Momentum and Chaikin Money Flow, bitcoin MACD also have a cross over to the upside in this 4 Hours Chart so there is a good chance that there could be a breakout to the upside, the target line matches exactly with the top yellow line mentioned in my previous ideas, so keep an eye on this.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.