BTCUSDT : Price Target for Jun-2022
Weekly Time Frame: As per the chart, Bitcoin has entered the Support zone of 150 Moving average levels and It also shows s positive sign at the 150 MA level.
That's a clear sign of a bull move, but still, we need volume confirmation.
Current Chart Structure: Falling Wedge Pattern ( Bullish Reversal Pattern)
Bitcoin Level based on the Falling Wedge Pattern
Buy Level means Breakout Level which is highlighted in a yellow dotted line: Entry 33620
Target level as per pattern 47420 which is mentioned in the blue color line
Stop-Loss that has been mentioned in red color dotted line 26150
Key things for Investing :
Perfect Entry/Exit
Less Greed
Accept losses/failure
That's a clear sign of a bull move, but still, we need volume confirmation.
Current Chart Structure: Falling Wedge Pattern ( Bullish Reversal Pattern)
Bitcoin Level based on the Falling Wedge Pattern
Buy Level means Breakout Level which is highlighted in a yellow dotted line: Entry 33620
Target level as per pattern 47420 which is mentioned in the blue color line
Stop-Loss that has been mentioned in red color dotted line 26150
Key things for Investing :
Perfect Entry/Exit
Less Greed
Accept losses/failure
Note
Facing Resistance at 32500 levelTrade closed: stop reached
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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.
Disclaimer
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.