Bitcoin Channel down pattern breakout
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Bitcoin has been forming channel down pattern since 11,000$, now it has broken with a long wick.
RSI showing upward movement sitting above 50% also shows a positive impact
Targets as per FIB, main Resistance is at 11,000$ if broken can go up to 12,500$
moreover last candle formation above 21EMA
Looking Bullish for Short term!!
Note- This is not investment advice
Please like, share and comment.
Twiiter:
twitter.com/bell_crypto
Telegram:
t.me/cryptoeliteopportunites
RSI showing upward movement sitting above 50% also shows a positive impact
Targets as per FIB, main Resistance is at 11,000$ if broken can go up to 12,500$
moreover last candle formation above 21EMA
Looking Bullish for Short term!!
Note- This is not investment advice
Please like, share and comment.
Twiiter:
twitter.com/bell_crypto
Telegram:
t.me/cryptoeliteopportunites
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