Search in ideas for "btc usd"
BTC/USD STARTING BREAKOUT MODE ?Bitcoin has formed a descending triangle figure on the daily chart, now it appears to be starting to break out of that figure.
This movement can generate a STARTING BREAKOUT MODE taking prices up to $20k
I believe that there are important resistances along the way, but the previous tops, for me, are the target of the asset.
I hope to be able to contribute to the reading of friends and if you have any suggestions leave them below in the comments, we are here to learn always. I'm not the owner of the truth, this is just content based on my rationale.
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Disclaimer: The above comments reflect solely my opinion, this is not a buy or sell recommendation. Just a series of published studies, so that together with the community we can discuss operational tactics and techniques.
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BTC/USD LONGTrading suggestion:
Buy At: $37340
Take Profits:
TP1= $38260
TP2= $39620
TP3= $40660
SL= $36660
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Btc/usd$BTC|USDT
Once Again,
BTC Got Rejected From TrendLine Resistance At 38500$ (approx.)
Also Breaking Down The Support Level At 36500$ (approx.)
Flipping It Back To Resistance,
Approaching Towards Next Support i.e., 34500$....
If 34500$ Support Didn't Hold Then ,
We Likely To See a Free Fall Towards Liquidity Raid📉With A Possible Long Wi