#BITCOIN
Bitcoin is moving in a descending channel on the 4-hour frame and the price has reached a strong support area in green at $57,200
There are rising loads from the current support level but it needs upward momentum to be able to reach the targets
Entry price $58,000
First target $60,257
Second target $62,236
Third target $64,000
The pattern is canceled if the support level in green at $57,200 is broken
In that case, the price will be heading to $54,100, which is a strong support level
Bitcoin is moving in a descending channel on the 4-hour frame and the price has reached a strong support area in green at $57,200
There are rising loads from the current support level but it needs upward momentum to be able to reach the targets
Entry price $58,000
First target $60,257
Second target $62,236
Third target $64,000
The pattern is canceled if the support level in green at $57,200 is broken
In that case, the price will be heading to $54,100, which is a strong support level
Trade closed: target reached
PRICE HITE $54,100
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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.
🚨 For More Signals Join Telegram Channel ( Futures/Spot )
👉 t.me/CryptoSignalFuturesSpot
👉 t.me/CryptoSignalFuturesSpot
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.