Bitcoin | Ascending Channel & EMA50..!!
#BTC (Update)
Bitcoin Has been Moving Between 8.4k-10k Range from last 36 Days. (forming Ascending Channel)
At the Moment, holding the Channel Middle line (9.6k Support) & EMA50 (9464)
Now, there Are two Possible Scenarios..!!
- In Bearish Case, If Bulls lost the Support, It Might Retest the 8.8k Area Support.
- In Bullish Case, It Might test the Major Resistance (10k Area) Again, In Case of Rejection, There is a Possibility of Triple Top Formation 📉
Bitcoin CME Future Closed at 9800..!!
Expanding Triangle Formation..!!
According to Expanding Triangle, Big Move Ahead (Higher High or Lower Low)
In Weekly Chart. Bitcoin Facing Longterm Downtrend line...!!
In Weekly Candle Closed Below 9.6k or Trendline, Expecting Bearish Wave for Midterm.
In Case of Trendline Breakout, There is a Possibility of Bitcoin Bull Run in Coming Days..!!|
Waiting for Weekly Close 😎
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!
Bitcoin Has been Moving Between 8.4k-10k Range from last 36 Days. (forming Ascending Channel)
At the Moment, holding the Channel Middle line (9.6k Support) & EMA50 (9464)
Now, there Are two Possible Scenarios..!!
- In Bearish Case, If Bulls lost the Support, It Might Retest the 8.8k Area Support.
- In Bullish Case, It Might test the Major Resistance (10k Area) Again, In Case of Rejection, There is a Possibility of Triple Top Formation 📉
Bitcoin CME Future Closed at 9800..!!
Expanding Triangle Formation..!!
According to Expanding Triangle, Big Move Ahead (Higher High or Lower Low)
In Weekly Chart. Bitcoin Facing Longterm Downtrend line...!!
In Weekly Candle Closed Below 9.6k or Trendline, Expecting Bearish Wave for Midterm.
In Case of Trendline Breakout, There is a Possibility of Bitcoin Bull Run in Coming Days..!!|
Waiting for Weekly Close 😎
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!
Follow me On Twitter & Telegram For More Regular Updates..!!
Public Telegram Channel:
t.me/CryptoCove
Forex Telegram Channel:
t.me/Captain_FX
Twitter:
twitter.com/CryptoFaibik
Instagram :
instagram.com/captain_faibik
Public Telegram Channel:
t.me/CryptoCove
Forex Telegram Channel:
t.me/Captain_FX
Twitter:
twitter.com/CryptoFaibik
Instagram :
instagram.com/captain_faibik
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.