BTC/USD (Bitcoin) | Still Can Bounce Back..!!
BTC/USD (Bitcoin)
In 8 hrs TF..BTCUSD Has Failed to Breakout the Channel But Still Looking Bullish ..
Expecting Breakout From Here in 6-8 Hrs..(Target Will be Around 8400)
Major Resistance is 8170 & Strong Support 7800. (8k is the Psychological Support)
If Hold the 7800 SUPPORT then Triple Bottom Pattern Will be Formed..
BTC/USD (Weekly)
Forming Falling Wedge in Weekly Chart. ( Bullish Pattern )
EMA30 is Acting as a Resistance & MA100 is the Strong Support ..(8550 is the Strong Resistance & 7800 is the Support)
in Weekly , BTC is Looking Bullish But Need to Break 8550 & 8800 Resistance Levels For WEDGE Breakout..
In Bearish Scenario, if BTCUSD has Failed to HOLD the 7800 Support then We Might See 7200 ..(Another Lower Low)
ALTSEASON & MarketCap..!!
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The information given is never financial advice. Always do your own research.
In 8 hrs TF..BTCUSD Has Failed to Breakout the Channel But Still Looking Bullish ..
Expecting Breakout From Here in 6-8 Hrs..(Target Will be Around 8400)
Major Resistance is 8170 & Strong Support 7800. (8k is the Psychological Support)
If Hold the 7800 SUPPORT then Triple Bottom Pattern Will be Formed..
BTC/USD (Weekly)
Forming Falling Wedge in Weekly Chart. ( Bullish Pattern )
EMA30 is Acting as a Resistance & MA100 is the Strong Support ..(8550 is the Strong Resistance & 7800 is the Support)
in Weekly , BTC is Looking Bullish But Need to Break 8550 & 8800 Resistance Levels For WEDGE Breakout..
In Bearish Scenario, if BTCUSD has Failed to HOLD the 7800 Support then We Might See 7200 ..(Another Lower Low)
ALTSEASON & MarketCap..!!
Please, give us your opinion in the comments
If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss our updates.
Join Telegram Channel for more analysis - t.me/CryptoCove
The information given is never financial advice. Always do your own research.
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