Hello! Price of BTC reached this year new ATH and so far trying to break It, it is quite strong resistance and psychological level, so breakout from first attempt would not be logical...
From current price action there is possible 2 buy targets (on the chart) according to FIbonacci analysis and Triangle targets.
Similar look price had in May 2020 (remember it?) after halving event.
chart above using 4h timeframe, and moving averages 25/100
PS this is very simple structure now, but it could be hard to trade for novice traders/investors. Be careful, there will be a lot of bear and bull traps.
Best regards,
Artem Crypto
From current price action there is possible 2 buy targets (on the chart) according to FIbonacci analysis and Triangle targets.
Similar look price had in May 2020 (remember it?) after halving event.
chart above using 4h timeframe, and moving averages 25/100
PS this is very simple structure now, but it could be hard to trade for novice traders/investors. Be careful, there will be a lot of bear and bull traps.
Best regards,
Artem Crypto
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𝗔𝗥𝗧𝗘𝗠 𝗖𝗥𝗬𝗣𝗧𝗢 | 𝗦𝗶𝗻𝗰𝗲 𝟮𝟬𝟭𝟴
📲 Join Our Telegram Trading Community: t.me/+5hlxWmhHaKplN2Rk
🎙️ Daily Live Streams on 🔴 𝗬𝗼𝘂𝗧𝘂𝗯𝗲
🔍 Explore More Resources: linktr.ee/artemcrypto ✅
📲 Join Our Telegram Trading Community: t.me/+5hlxWmhHaKplN2Rk
🎙️ Daily Live Streams on 🔴 𝗬𝗼𝘂𝗧𝘂𝗯𝗲
🔍 Explore More Resources: linktr.ee/artemcrypto ✅
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.