$BTC update, raising channel up to 65k?

has reversed after dropping to (falling channel in orange) and is now recovering on the 1D chart. On the 1W chart, there is also a sign of reversal and RSI too.

My forecast is that before taking off, will strengthen within this rising channel (in blue). There's strong support at $47-, which should hold.

Based on the RSI and MACD curves, the uptrend should continue until it reaches the resistance at $67-$68k. Afterward, I anticipate a more severe correction, but the price should remain within the rising channel for some time.

The parabolic phase hasn't started yet, so I expect another drop to the bottom of the wedge before the next big move begins.

I will update this idea as it develops.

Most of my previous ideas have been accurate, so feel free to check them out and follow me for more forecasts.

İşlem kapandı: hedefe ulaştı

We did it! Another accurate prediction. What is coming next? Follow me to get the updates!!!

CryptoNikkoid

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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.

CryptoNikkoid

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