Hello dear traders. I hope you are doing great.
Well as you can see on the daily chart , BTC is moving in a ascending channel and now is testing the bottom of it which is around 34K.
In my opinion we are going to get support around 34K and move a little up but then we are going to have a second leg down which then
forms a double bottom pattern. Then after that we are going to see a push up from BTC to around 56-59K areas. Personally I am buying
the dip here and will sell all my cryptos when we get to 56-59K area.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
Thank you guys for reading my idea on BTC and don`t forget to comment what you think. ✌
Well as you can see on the daily chart , BTC is moving in a ascending channel and now is testing the bottom of it which is around 34K.
In my opinion we are going to get support around 34K and move a little up but then we are going to have a second leg down which then
forms a double bottom pattern. Then after that we are going to see a push up from BTC to around 56-59K areas. Personally I am buying
the dip here and will sell all my cryptos when we get to 56-59K area.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
Thank you guys for reading my idea on BTC and don`t forget to comment what you think. ✌
