BTC: Still bullish partern
Hello traders,
1. #BTC is still moving in the Ascending Triangle partern (still bullish)
2. #BTC has continuously tested the 10k barrier at least 4 times in recent times with decreasing volume.
As everyone knows, the more times you check, the more likely it is to break. So, according to my prediction, if the next time #BTC continues to test the 10k again, the probability of breaking this resistance is very high, it will move to the 11k - 12k zone
Conversely, if BTC falls off the support line (black), and the EMA (89), the reversal will go down (bearish).
With the above ideas, we hope to contribute to everyone's trading plans to be better.
What do you think about it? Are you bullish or bearish? Share your thoughts in the comments!
-
These are for reference purposes only, not investment advice. If you are interested, please like and subscribe to our tradingview channel so you don't miss the latest market updates from us.
1. #BTC is still moving in the Ascending Triangle partern (still bullish)
2. #BTC has continuously tested the 10k barrier at least 4 times in recent times with decreasing volume.
As everyone knows, the more times you check, the more likely it is to break. So, according to my prediction, if the next time #BTC continues to test the 10k again, the probability of breaking this resistance is very high, it will move to the 11k - 12k zone
Conversely, if BTC falls off the support line (black), and the EMA (89), the reversal will go down (bearish).
With the above ideas, we hope to contribute to everyone's trading plans to be better.
What do you think about it? Are you bullish or bearish? Share your thoughts in the comments!
-
These are for reference purposes only, not investment advice. If you are interested, please like and subscribe to our tradingview channel so you don't miss the latest market updates from us.
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