BTC analysis [21-02-2023]
Updated
I see an ASCENDING TRIANGLE PATTERN.
If price breaks and closes above the resistance zone, there is a probability that it will get to 28k
If the resistance zone hold, price might test the support trendline. If the trendline doesn't hold, there is a probability that it will retrace to the FIB 50.0% or lower FIB 61.8% level.
If price breaks and closes above the resistance zone, there is a probability that it will get to 28k
If the resistance zone hold, price might test the support trendline. If the trendline doesn't hold, there is a probability that it will retrace to the FIB 50.0% or lower FIB 61.8% level.
Order cancelled
Trendline was broken.Price retraced to the FIB FIB 61.8% level, bounced to its 38.2% level and currently at its 78.6% level.
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