Hello
A large ascending channel was formed on bitcoin
- as long as the price remains within it, we can expect continued growth with the minimum goal of closing the gap on
CME 6600-6700
(if consolidation occurs then the test of the upper boundary of the channel 7200-7400)
If the price goes below 6,000 and gain a foothold there, then magnetically and the target will be local support at the level of 5650-5500
This is just my opinion, and is not a call to action)
Looks good? Leave a like, share and leave a comment.
Thanks for visiting.
A large ascending channel was formed on bitcoin
- as long as the price remains within it, we can expect continued growth with the minimum goal of closing the gap on
CME 6600-6700
(if consolidation occurs then the test of the upper boundary of the channel 7200-7400)
If the price goes below 6,000 and gain a foothold there, then magnetically and the target will be local support at the level of 5650-5500
This is just my opinion, and is not a call to action)
Looks good? Leave a like, share and leave a comment.
Thanks for visiting.
Note
if the price leaves the channel and doesn’t come back - then I see this optionNote
I see we have formed a large triangle, possibly lowering to the bottom of the triangle and the beginning of the upward movement with the goal of 6500-6800
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.
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.