Since June 18, 2022, BTC trades in a higher high, higher low structure. In the recent trend we can observe that BTC has been forming Ascending Triangle Structure.
Currently, BTCUSDT is at $24015. If the pattern continues, the price of BTCUSDT might reach the resistance level of $28200 If the trend reverses, then the price of BTCUSDT may fall to $22400
Look at the Bullish Candle and Volume Spike in the recent price action. Sounds like the bulls are ready for bear warfare.
Short Note :
Breakout Level : $24700
Target : $28200
Stop Loss : $22400
Happy Trading
Currently, BTCUSDT is at $24015. If the pattern continues, the price of BTCUSDT might reach the resistance level of $28200 If the trend reverses, then the price of BTCUSDT may fall to $22400
Look at the Bullish Candle and Volume Spike in the recent price action. Sounds like the bulls are ready for bear warfare.
Short Note :
Breakout Level : $24700
Target : $28200
Stop Loss : $22400
Happy Trading
