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Bitcoin / TetherUS
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BITCOIN UPDATE

489
BITCOIN UPDATE

I have readjusted my trendlines, white line support is holding, I think we can continue to hover around these prices and #ETF approval will trigger breaking through that major resistance!
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snapshot anddddd there is the breakdown as you can see previous supports are now resistance levels again!
we are floating on the 200MA on the hourly, must hold otherwise we will free fall down to the blue support line
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nice bounce from the hourly 200MA, then we flipped the aqua blue line resistance into support and seems we are facing a bit of resistance on the white line snapshot
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nice strength here snapshot
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snapshot as you can see the 1h 200 ma has been a really good level to see how we react to long and short, targeting blue support line now!
Keep in mind we have formed a bullish reversal pattern breakout to the upside, so set alert on upper channel!
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snapshot I have taken profit on my short position, reason is my SL triggered (in profit), and now we are developing a symmetrical triangle inside of the descending channel pattern (bullish reversal pattern) so all you can do now is set alerts on green dashed line if it breaks that be prepared to long, and set alert on red line if we lose that we will be prepared to short!
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BTC/USDT
UnknownUnicorn22804749
Beyond Technical AnalysisChart PatternsTrend Analysis

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.
Beyond Technical AnalysisChart PatternsTrend Analysis
UnknownUnicorn22804749

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.