The above chart of Bitcoin laid out an ascending channel pattern. Ascending channel also known as the rising channel . The upper and lower trend lines that connect the higher highs and higher lows respectively appear to move within a rising slope. This pattern is generally a characteristic of a bullish trend .
Currently, Bitcoin ( BTC ) is in the range of $21430. If the pattern continues, the price of BTC might reach the resistance levels of $25730.If the trend reverses, then the price of BTC may fall to $20243
Trading Level
Entry Point : $ 21100
Target : $ 25370
Stop Loss : $ 20240
Happy Trading $$$$
Currently, Bitcoin ( BTC ) is in the range of $21430. If the pattern continues, the price of BTC might reach the resistance levels of $25730.If the trend reverses, then the price of BTC may fall to $20243
Trading Level
Entry Point : $ 21100
Target : $ 25370
Stop Loss : $ 20240
Happy Trading $$$$
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