In this analysis, Bitcoin it's making a uptrend and the price it's leading to find up our key resistance around $44,800 USD approx. For reference to take in note in the yellow zone; it's out key resistance that I draw here. And also to note it's that we forming a possible bullish pattern chartist called ascending triangle.
I put a buy order limit at $41,650 USD and SL at $40,900 USD. And my target will be toward $44,500 USD.
Good luck!!!
I put a buy order limit at $41,650 USD and SL at $40,900 USD. And my target will be toward $44,500 USD.
Good luck!!!
Note
A the moment, the candlestick in formation will speak in the next minutes to end upIf we closed up with bearish signal, that could be an indication of weakness in Bitcoin
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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.