BTC continues to dance if it holds 28,000 USD
Updated
Hello dear friends!
Today, the BTC is holding its price increase well after surpassing the resistance level of 28,000. It is currently trading at around 28,475 USD.
On the upside, the immediate resistance level is near 28,550 USD. Additionally, there is a short-term narrowing triangle forming with resistance near 28,500 USD on the 1-hour chart.
The next important resistance level could be near 29,000 USD. A clear move above the 29,000 USD resistance zone could generate a larger upward momentum. The next important resistance level could be 29,500 USD.
Today, the BTC is holding its price increase well after surpassing the resistance level of 28,000. It is currently trading at around 28,475 USD.
On the upside, the immediate resistance level is near 28,550 USD. Additionally, there is a short-term narrowing triangle forming with resistance near 28,500 USD on the 1-hour chart.
The next important resistance level could be near 29,000 USD. A clear move above the 29,000 USD resistance zone could generate a larger upward momentum. The next important resistance level could be 29,500 USD.
Trade active
Note
I have to admit that BTC is holding up better than expected, also carried by bullish ETF news (fake or not).Note
BTCUSD is gradually moving to the first support area according to analysis, transactions continue to operate, good luck!Trade closed: target reached
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