#Bitcoin Technical Analysis:-
BTC currently trading around $19600 which is Bear Area.
As Per chart #BTC currently trading in Descending Triangle in Daily Chart.
As per chart Still Waiting for Confirmations and Never trade without confirmation guys.
Now Two Scenarios:-
Scenario 1:- if BTC breakout Upward $20600 and Daily candle closw above then We can see 54% Upward move toward $31800
But
Scenario 2:- IfBTC failed to Hold Recently Bottom or Support Level $18000 then we can see $12000-$13000 Level.
So Watch closely and trade.
Support:- $12800
Resistance:- $20600/$25000/$31800
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BTC currently trading around $19600 which is Bear Area.As Per chart #BTC currently trading in Descending Triangle in Daily Chart.
As per chart Still Waiting for Confirmations and Never trade without confirmation guys.
Now Two Scenarios:-
Scenario 1:- if BTC breakout Upward $20600 and Daily candle closw above then We can see 54% Upward move toward $31800
But
Scenario 2:- If
BTC failed to Hold Recently Bottom or Support Level $18000 then we can see $12000-$13000 Level.So Watch closely and trade.
Support:- $12800
Resistance:- $20600/$25000/$31800
Please click Like button and Appreciate my Hard work.
Thank you.
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Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Related publications
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.