BTCUSDT technical analysis update
Bitcoin has been forming a broadening wedge pattern over the past 220 days, indicating increased volatility and indecision near its previous all-time highs. Recently, BTC has been moving towards the wedge’s upper resistance line around $68K, signaling a potential bullish breakout. If confirmed, this breakout could lead to a strong upward move, with targets in the $90K-$100K range. Additionally, around $60K, the 100 and 200 EMAs are acting as strong support levels for BTC.
Regards
Hexa
Bitcoin has been forming a broadening wedge pattern over the past 220 days, indicating increased volatility and indecision near its previous all-time highs. Recently, BTC has been moving towards the wedge’s upper resistance line around $68K, signaling a potential bullish breakout. If confirmed, this breakout could lead to a strong upward move, with targets in the $90K-$100K range. Additionally, around $60K, the 100 and 200 EMAs are acting as strong support levels for BTC.
Regards
Hexa
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🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
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.