#BTC (Update)
Bitcoin is Consolidating in Triangle from last 8 days. (Making Lower Highs & Higher Lows)
If Bulls Clear the 58.6k Descending resistance, Next Stop would be 66666 & If Bulls lost the Ascending Support (56k), Bitcoin Might Retest the 51k Support Area.
In Short, Bitcoin Will be Bullish Above 58.6k & Bearish Below 56k.
I'm Expecting Bullish Wave towards the New ATH (66666) But Waiting for Upside Breakout. 🧐
In daily TF, Bitcoin is Still Moving Above the Trendline & So far Bulls Defending the Trendline Support.
In Worst Case, If Daily Candle Closed Below the Trendline, Bitcoin might test the 40k Support Area.
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Bitcoin is Consolidating in Triangle from last 8 days. (Making Lower Highs & Higher Lows)
If Bulls Clear the 58.6k Descending resistance, Next Stop would be 66666 & If Bulls lost the Ascending Support (56k), Bitcoin Might Retest the 51k Support Area.
In Short, Bitcoin Will be Bullish Above 58.6k & Bearish Below 56k.
I'm Expecting Bullish Wave towards the New ATH (66666) But Waiting for Upside Breakout. 🧐
In daily TF, Bitcoin is Still Moving Above the Trendline & So far Bulls Defending the Trendline Support.
In Worst Case, If Daily Candle Closed Below the Trendline, Bitcoin might test the 40k Support Area.
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
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Follow me On Twitter & Telegram For More Regular Updates..!!
Public Telegram Channel:
t.me/CryptoCove
Forex Telegram Channel:
t.me/Captain_FX
Twitter:
twitter.com/CryptoFaibik
Instagram :
instagram.com/captain_faibik
Public Telegram Channel:
t.me/CryptoCove
Forex Telegram Channel:
t.me/Captain_FX
Twitter:
twitter.com/CryptoFaibik
Instagram :
instagram.com/captain_faibik
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.