Hello everyone. Thanks for coming by to my new Update on BTC.
#BTC seems to be going a bit sideways for the next few days.
The long term lower trendline support turned resistance is now broken and could easily work as a support.
Other Important Support Levels: $8700, $8300 and 7982 which also happens to be the 200D MA.
I think if we can break above the Orange Triangle we BTC will officially enter into a new BULL RUN.
IMPORTANT RESISTANCE LEVELS: $9300, $10400 and $11800. If BTC manages to break above these levels we can easily see BTC reaching the $12000 mark after that we can witness a huge retracement.
All that we need is BTC to hold the lower orange line as a Support. Break below this could lead btc to low 6ks and even 5ks. Unlikely but possible!
Stay tuned I'll update other ideas with shorter TF for you to understand.
#Please hit the LIKE button If you like my charts and follow me for such updates.
Thanks again.
#PEACE
#BTC seems to be going a bit sideways for the next few days.
The long term lower trendline support turned resistance is now broken and could easily work as a support.
Other Important Support Levels: $8700, $8300 and 7982 which also happens to be the 200D MA.
I think if we can break above the Orange Triangle we BTC will officially enter into a new BULL RUN.
IMPORTANT RESISTANCE LEVELS: $9300, $10400 and $11800. If BTC manages to break above these levels we can easily see BTC reaching the $12000 mark after that we can witness a huge retracement.
All that we need is BTC to hold the lower orange line as a Support. Break below this could lead btc to low 6ks and even 5ks. Unlikely but possible!
Stay tuned I'll update other ideas with shorter TF for you to understand.
#Please hit the LIKE button If you like my charts and follow me for such updates.
Thanks again.
#PEACE
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BCT needs to break above the orange line and sustain on that level with a healthy retest.
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Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
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Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
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.