Forwarded from Signal Express™ Premium
#BTC/USDT ANALYSIS
Bitcoin is currently trading within an ascending triangle pattern. The price is fluctuating close to an important upward trendline, indicating strong support.
Additionally, the 100-day moving average is acting as a significant barrier. Given these conditions, we can expect a bounce from the trendline of the pattern.
However, if Bitcoin breaks below this trendline, it could trigger a further market correction. This would indicate a shift in momentum from bullish to bearish, potentially leading to lower price levels.
Bitcoin is currently trading within an ascending triangle pattern. The price is fluctuating close to an important upward trendline, indicating strong support.
Additionally, the 100-day moving average is acting as a significant barrier. Given these conditions, we can expect a bounce from the trendline of the pattern.
However, if Bitcoin breaks below this trendline, it could trigger a further market correction. This would indicate a shift in momentum from bullish to bearish, potentially leading to lower price levels.
Forwarded from Devil Crypto 🔻🔻🔻
OKX Futures
#BTC/USDT All take-profit targets achieved 😎
Profit: 118.695% 📈
Period: 9 Days 0 Hours 46 Minutes
✯
#BTC/USDT All take-profit targets achieved 😎
Profit: 118.695% 📈
Period: 9 Days 0 Hours 46 Minutes
✯
Forwarded from Crypto Cove
#BTC Bounced back nicely but still moving below the crucial 70k resistance level. (All eyes on 70k)
Bitcoin has been consolidating within Descending Broadening Wedge since March and is now on the verge of Breakout.
Once the Breakout happens, Sky will be clear.🚀
In case of Rejection from the 70k Resistance, Weekly EMA21 (62k) will act as support.
Bitcoin has been consolidating within Descending Broadening Wedge since March and is now on the verge of Breakout.
Once the Breakout happens, Sky will be clear.🚀
In case of Rejection from the 70k Resistance, Weekly EMA21 (62k) will act as support.