Long Opportunity Bitcoin is looking for buying opportunity after forming expanding channel & has clear formation to make movement to the upside, expecting target to reach at 68K
Cryptomonnaie
Movement to the downside BTCUSD has formed ascending channel for a movement to the downside expecting to reach at 59K
ETHUSD AnalysisConfirmation for this long trade:-
1: Market is taking pullback from support area
2: taking rejection from trendline
Reaching at 24700BTCUSD is forming a correction for the movement to the downside, As I have mentioned in previous post on Bitcoin.
If bitcoin doesn't follow this , these are some supports level Bitcoin close the weekly candle above the $25,000 key level. We will see a last wave toward the $29,000-$32,000 resistance level. You can start booking profit or increase your stop loss as we might see a test of the $25,000 level in the coming weeks.
if btc doesnt close above $28700 then the reversal patterns for price action start to perform and bounce back previous week price.
do your own research
this is for educational purpose and mention your comments and opinion below
thanks!
bulish case for short term in BTC bulish case for short term in BTC
technically it should go up and grab those liquidity and fill the imbalance
