Bitcoin reacted well to the 🟢support zone($ 29,200-$ 28,730) 🟢 over the past day, although I expected Bitcoin to penetrate further into this zone.
With today's move, Bitcoin seems to form a descending channel within the main ascending channel.
Also, currently, Bitcoin is moving near the 🔴resistance zone($ 30,620-$ 30,450)🔴 and the cross of the resistance lines; since Bitcoin is forming a double top pattern in the 1-hour time frame, I expect Bitcoin to at least fall to the 🟡Price Reversal Zone(PRZ)🟡and the middle line of the descending channel and the support line.
Bitcoin Analyze ( OKX:BTCUSDT ), 4-hoour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
With today's move, Bitcoin seems to form a descending channel within the main ascending channel.
Also, currently, Bitcoin is moving near the 🔴resistance zone($ 30,620-$ 30,450)🔴 and the cross of the resistance lines; since Bitcoin is forming a double top pattern in the 1-hour time frame, I expect Bitcoin to at least fall to the 🟡Price Reversal Zone(PRZ)🟡and the middle line of the descending channel and the support line.
Bitcoin Analyze ( OKX:BTCUSDT ), 4-hoour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade fermée: cible de profit atteinte
Note
New update😊
Bitcoin is completing a pullback and Falling again😉(Short term)
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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.
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
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.