Bitcoin / Tether
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BITCOIN - Price can exit from pennant and bounce up to $45600

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Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊

When price started to trades in rising channel, it first fell to support line, breaking $37000 level, which coincided with support area.

Then BTC repeated this movement two time and later finally rose higher than $37000 level, but then made correction.

After this, price bounced from support level and made strong upward impulse to $42850 level, thereby exiting from channel.

As well then, Bitcoin formed a pennant pattern, in which price broke $42850 level and now trades near support line.

In my mind, price can break support line, thereby exiting from the pennant, fall to support area, and then bounce to $45600

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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.