Resistance level broke and heading towards 11167 dollars if it breaks further we will see BTC hovering over 11700 dollar level.
After 11167 dollars we may see a pullback towards previous resistance which becomes support and if the potential break out occurs we may see further down but not much and if it breaks 11167 dollars resistance we are heading towards 11700 level.. By March 2nd week we may see BTC trading at around 14000 dollars..
Cup and Handle pattern formation in the one-hour chart.
After 11167 dollars we may see a pullback towards previous resistance which becomes support and if the potential break out occurs we may see further down but not much and if it breaks 11167 dollars resistance we are heading towards 11700 level.. By March 2nd week we may see BTC trading at around 14000 dollars..
Cup and Handle pattern formation in the one-hour chart.
Note
Towards our targetNote
Trendline breakout successful.. :)Note
Support brokeNote
That pull-back was awesome..Note
Target reached successfullyTrade closed: target reached
Note
Little bit of correction and next stop will be 11777 dollars
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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.