➡️ At the time of writing this trade idea, the coin is trading at 43500$ and the price is inside a downtrend channel. The situation for Bitcoin is ambiguous: on the one hand, the presence of a price above the psychological level of 40000$ indicates long, and on the other hand, the descending channel at the current levels begins to give sell signals.
But right now, a slight upward movement to the upper border of the downtrend channel is expected. For a confident take profit, you can take the level of 44452$. This level has a strong resistance area, the trading of the area is unlikely to allow buyers to go higher in the near future.
🔥Bitcoin Forecast Results🔥
⭐️BTCUSD: forecast for Mar 21-Mar 27 👉 +3042 points✅:
⭐️BTCUSD: forecast for Mar 28-Apr 3 👉 +1293 points✅:
☑️BTCUSD: correction to 45745$ 👉 +1970 points✅:
⭐️BTCUSD: forecast for Apr 4-Apr 10 👉 +1425 points✅:
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.