Bitcoin Looks Promising on Bullish Side
Bitcoin has made double bottom base at around 53000 price range.
Also in weekly time frame, coin is in consolidation to negative pattern which shows a FLAG AND POLE pattern possibility.
Other support is near to 40000 to 40600 price range.
In Monthly Time Frame it is just showing profit booking.
If price breaks above 64000 in weekly candle or sustains above 70000 (Safe Side+ breakout of flag and pole pattern) the price can reach to the levels given in chart.
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Disclaimer: Above is just my own opinion about the coin and is for educational purpose only.
Also in weekly time frame, coin is in consolidation to negative pattern which shows a FLAG AND POLE pattern possibility.
Other support is near to 40000 to 40600 price range.
In Monthly Time Frame it is just showing profit booking.
If price breaks above 64000 in weekly candle or sustains above 70000 (Safe Side+ breakout of flag and pole pattern) the price can reach to the levels given in chart.
Follow for more such content.
Disclaimer: Above is just my own opinion about the coin and is for educational purpose only.
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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.
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.