BitcoinLong
BTCUSD Long it
Greetings Traders this is my analysis for Bitcoin and it is Long .
As we can see on the chart Bitcoin had a downtrend movement last week witch has formed a right and left shoulder with a downtrend head.
After that a Downtrend movement it has a continuation and it has formed a triangle.
In this case we can see that the price after that downtrend is preparing for another possible Uptrend Movement.
And that is if it breaks the key level 38k we will see a future uptrend movement.
Traders make your own analysis before trading
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Thank you!
As we can see on the chart Bitcoin had a downtrend movement last week witch has formed a right and left shoulder with a downtrend head.
After that a Downtrend movement it has a continuation and it has formed a triangle.
In this case we can see that the price after that downtrend is preparing for another possible Uptrend Movement.
And that is if it breaks the key level 38k we will see a future uptrend movement.
Traders make your own analysis before trading
Please leave a Like,Comment and Follow!
Thank you!
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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.
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.