Bitcoin -> I Told You...
Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Bitcoin just broke out of a quite obvious falling wedge formation and since then already had a quite nice pump of about 45% towards the upside.
We also just retested a strong previous weekly resistance, now turned support and as I mentioned in my last analysis I did expect the continuation towards the upside which is exactly what happened.
From a daily timeframe I am now just waiting for the market to break above the next resistance zone and then after a retest provide the continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
https://www.tradingview.com/chart/BTCUSDT/kSSbJ9hq-Bitcoin-Be-Ready-For-The-Next-Move/
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Bitcoin just broke out of a quite obvious falling wedge formation and since then already had a quite nice pump of about 45% towards the upside.
We also just retested a strong previous weekly resistance, now turned support and as I mentioned in my last analysis I did expect the continuation towards the upside which is exactly what happened.
From a daily timeframe I am now just waiting for the market to break above the next resistance zone and then after a retest provide the continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
https://www.tradingview.com/chart/BTCUSDT/kSSbJ9hq-Bitcoin-Be-Ready-For-The-Next-Move/
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💰|Stocks, Cryptos, Indices, Metals
💶|Keep your long term vision
👇🏻|Free "Trading Newsletter"
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