BITCOIN: ALL WE NEED IS A BREAKOUT.
Hey guys, welcome to this BTC update in a daily timeframe.
BTC is still yet to show some big moves in the market but till now, it has managed to maintain the support line which is a good thing for the market. In this daily timeframe, BTC is still under the descending triangle which technically is a bearish pattern. BTC being bearish, there is still room for the bulls and we may witness a bullish move on BTC if it manages to break out and closes above the resistance trendline.
BTC could go negative only if it breaks down below the 18k or 17.6k support levels.
What do you have to say about this? A rally or rejection?
Do share your ideas in the comments.
Thank you.
BTC is still yet to show some big moves in the market but till now, it has managed to maintain the support line which is a good thing for the market. In this daily timeframe, BTC is still under the descending triangle which technically is a bearish pattern. BTC being bearish, there is still room for the bulls and we may witness a bullish move on BTC if it manages to break out and closes above the resistance trendline.
BTC could go negative only if it breaks down below the 18k or 17.6k support levels.
What do you have to say about this? A rally or rejection?
Do share your ideas in the comments.
Thank you.
coincall.com/r/43438887
Trade crypto options and futures on Coincall for great onboarding bonuses and a premium trading experience.
Trade crypto options and futures on Coincall for great onboarding bonuses and a premium trading experience.
İlgili yayınlar
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.