Hi guys, this is my overview for BTCUSD, feel free to check it and write your feedback in commentsđź‘Š
Some days ago, price entered a pennant pattern, where it at once made an upward impulse from support line.
Then the price reached $98700 level and soon broke it, after a small correction, and then continued to move up.
Later BTC rose to the resistance line of the pennant, but soon turned around and started to decline, breaking $110000 level.
Price little corrected and then tried to bounce back and failed, after which it fell to $98700 level and then started to grow.
In a short time, BTC rose to a $110000 resistance level and tried to break it again, but recently turned around and started to fall.
Now, I expect that BTC can grow to the resistance area and then drop to $103000 support line of the pennant.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Some days ago, price entered a pennant pattern, where it at once made an upward impulse from support line.
Then the price reached $98700 level and soon broke it, after a small correction, and then continued to move up.
Later BTC rose to the resistance line of the pennant, but soon turned around and started to decline, breaking $110000 level.
Price little corrected and then tried to bounce back and failed, after which it fell to $98700 level and then started to grow.
In a short time, BTC rose to a $110000 resistance level and tried to break it again, but recently turned around and started to fall.
Now, I expect that BTC can grow to the resistance area and then drop to $103000 support line of the pennant.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
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Good! Price declined a little! After this, I think it rise to resistance level and then drop to my target.
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🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
đź’Ž ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
đź’Ž ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
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.