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TheNewsCrypto
Aug 10, 2022 4:30 PM

BTCUSDT " Tata Bye Bye Bears" Long

Bitcoin / TetherUSBinance

Description

Since June 18, 2022, BTC trades in a higher high, higher low structure. In the recent trend we can observe that BTC has been forming Ascending Triangle Structure.

Currently, BTCUSDT is at $24015. If the pattern continues, the price of BTCUSDT might reach the resistance level of $28200 If the trend reverses, then the price of BTCUSDT may fall to $22400

Look at the Bullish Candle and Volume Spike in the recent price action. Sounds like the bulls are ready for bear warfare.

Short Note :

Breakout Level : $24700

Target : $28200

Stop Loss : $22400


Happy Trading
Comments
Bravetotrade
Good job buddy. Your charts catch my eyes daily :)
f4taL1ty
Thank you perfect 👍🏼👏🏼
TheNewsCrypto
@ftlty46, welcome
TheNewsCrypto
Thanks brother 😊
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