Akshath1994

Akshath1994

Entry :- Market Price Stop Loss :- 0.89222 Target 1 :- 0.87805 Target 2 :- 0.87237

Akshath1994

Entry :- Market Price Stop Loss :- 1.13500 Target 1 :- 1.14497 Target 2 :- 1.17071

Akshath1994

Breakdown From UpTrend line. Short Entry :- 0.70200 Stop Loss :- 0.71277 Target :- 0.68782

Akshath1994

Bitcoin on the daily timeframe is within the same descending triangle we spoke about on the weekly perspective - whats more important to notice is how the 6k levels has held on for now. Keep in mind the more you test it the weaker it gets.The major downtrend line will hence have to be broken to the upside to see any further bullish momentum

Akshath1994

Bitcoin on a weekly perspective is still within a smaller descending triangle but a larger parallel channel that seems to be converging to the lower end of the channel.A breakout above the channel will be beneficial to see any long term upmove to be generated.

Akshath1994

Lets start of with BTC :- Monthly perspective is on the chart above and we are still within the major support regions of the 21 ema log scale support. Untill we get a clear green candle engulfing the other candles we are still in no mans land