Expecting BTCUSDT to touch UPPER SECONDARY TEST level soon.
CAUTION
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On observing chart pattern, from 19500 level, step up pattern is found. It is bullish pattern. We should maintain our bullish view till BTC breaks 20200 level.
If, BTC crosses level of 20600, we will see a good bullish momentum.
It is basically chart pattern analysis without using any indicators.
It is only for the education purpose.
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Today, I am here to analyze the BTCUSDT in 1D TF. BTCUSDT broke out of a falling wedge or triangle on 9th Jan 2023. BTCUSDT was trading inside this triangle or falling wedge since 9th May 2022 and broke it after 245 days. So, we can...
Btcusdt had broken out of the bilateral triangle pattern when price got to 21000 and the retest was at 15500 zone which successfully formed the Elliot correction wave for continuation of new trend. Let's expect price to swing to it previous swing Low around 47000/ 48000 is coming month. #NFA #DYOR. This is my view on the BTCUSDT price action. Like and comment...
