BTC/USDT Binance
1D Hollow Candlesticks
After a price correction, a support area results from extending the golden ratio of the last Fibonacci retracement.
Also, there are multiple resistance levels, with the price needing to break $73.777 to move higher.
A symmetrical triangle chart pattern has been formed, as it is a period of consolidation before the price is forced to break out or down.
A breakdown from the lower trend line marks the start of a new bearish trend, while a breakout from the upper trend line indicates the beginning of a new bullish trend.
Since the starting of the previous bull run, a resized fractal (bar pattern) show a possible price movement.
In a long run, a forecast indicator shows a target at 100K.
Market Cap: $2.32T -1.02%
24h Vol: $34.73B -4.50%
Dominance: BTC: +54.3%
ETH: +18.1%
Good Luck
CryptoHellas Team
1D Hollow Candlesticks
After a price correction, a support area results from extending the golden ratio of the last Fibonacci retracement.
Also, there are multiple resistance levels, with the price needing to break $73.777 to move higher.
A symmetrical triangle chart pattern has been formed, as it is a period of consolidation before the price is forced to break out or down.
A breakdown from the lower trend line marks the start of a new bearish trend, while a breakout from the upper trend line indicates the beginning of a new bullish trend.
Since the starting of the previous bull run, a resized fractal (bar pattern) show a possible price movement.
In a long run, a forecast indicator shows a target at 100K.
Market Cap: $2.32T -1.02%
24h Vol: $34.73B -4.50%
Dominance: BTC: +54.3%
ETH: +18.1%
Good Luck
CryptoHellas Team
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.
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.