Long

BTC Possible Short-Term Scenario (Long)

Updated

Sharing my view on the BTC short-term scenario.

Main idea here is to find confluence of the resistance levels using different technicals.

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A sneak peek at 15 min:

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The last update has not played out as expected, as the BTC dropped out of the channel to pin and bounce from 60.000-59.000 area.

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A quick take at BTC 15MIN - Bearish Pennant suggests the coin will correct here a tiny bit.

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possibly the price may unfold as depicted above: the price has broken out from the parallel channel / bull flag on a daily. It may be anticipated the price will retest the same channel upper band around 65000 - 64500.

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BTC has retested 65000 to proceed further as I expected:

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Local 72000 target has been hit.

Trade active

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AATONY

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