🔥 Bitcoin Resuming Trend After Healthy Correction
A while ago I made two analyses on BTC and the healthy correctional phase we were in. See below.
As expected, BTC has been trading sideways since then. Additionally, a triangle pattern had emerged on the chart. As of the last hour or so, BTC saw a strong green candle signaling the break out of this triangle.
If BTC manages to hold this trend, we might see the start of a new bullish trend which can finally take us up to 50k.
Happy trading!
As expected, BTC has been trading sideways since then. Additionally, a triangle pattern had emerged on the chart. As of the last hour or so, BTC saw a strong green candle signaling the break out of this triangle.
If BTC manages to hold this trend, we might see the start of a new bullish trend which can finally take us up to 50k.
Happy trading!
Note
Keep an eye on the candle close. If we close below the resistance the break-out is invalidated.Note
Bullish break-out invalidated. Triangle pattern still intact.
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Publications connexes
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.