BTCUSDT: Continues to support the uptrend
Updated
Hello dear friends !
BTCUSDT continues to operate in the rising price channel although there are no major changes compared to the same day yesterday.
Karina still maintains her bullish view of at least 40,000 USD as the ema line works in parallel with the price and there are no signs of a reversal that threatens BTCUSDT, helping bitcoin stabilize in the high price range.
Add to that famous crypto analyst Kevin Svenson, who shared his findings with over 130,000 followers on blogging platform X, that Bitcoin had a “startlingly similar setup” three years ago, with a specific level of its Relative Strength. The index (RSI) is considered a “target before the next price increase”.
Information sources :
tradingview.com/news/cryptoglobe:9386ac316094b:0-bitcoin-btc-forms-strikingly-similar-setup-seen-ahead-of-massive-price-surge-three-years-ago/
BTCUSDT continues to operate in the rising price channel although there are no major changes compared to the same day yesterday.
Karina still maintains her bullish view of at least 40,000 USD as the ema line works in parallel with the price and there are no signs of a reversal that threatens BTCUSDT, helping bitcoin stabilize in the high price range.
Add to that famous crypto analyst Kevin Svenson, who shared his findings with over 130,000 followers on blogging platform X, that Bitcoin had a “startlingly similar setup” three years ago, with a specific level of its Relative Strength. The index (RSI) is considered a “target before the next price increase”.
Information sources :
tradingview.com/news/cryptoglobe:9386ac316094b:0-bitcoin-btc-forms-strikingly-similar-setup-seen-ahead-of-massive-price-surge-three-years-ago/
Trade active
Trade closed: target reached
Related publications
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.