Bitcoin trades inside the triangle and can fall to support line
734
Hello traders, I want share with you my opinion about Bitcoin. Looking at the graph, we can see how Bitcoin formed a buyer area 19925-19530, which it retested and begin to grow. We see the price broke through the resistance area 23745-24095, continued to rise and reached the level 26410. Over time, Bitcoin has created an upward triangle and is currently trading inside. Now the price is testing the resistance area from which may begin to decline. I think the price may fall to the support line. So the target for a Bitcoin I set at level 25300 which coincide with support line of triangle. Please share this idea with your friends and click 🚀
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.
💰Want receive more profitable signals for Crypto & Forex market, write me 👉 bit.ly/4fNijD8
Also on:
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.