Bitcoin / TetherUS

Updated

Bitcoin perfectly followed the channel patterns now at test

Bitcoin is at a the monthly resistance zone , if able to breach this level and sustain above it till the next month opening, it will be positive otherwise might consolidate in a range

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this idea is the continuation of my April 16th idea

Bitcoin and an important pattern

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day tf

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30 min

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4H, 50 mins

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monthly

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10 MA, lets c able to hold or lower trendline

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almost closed near solid green line

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monthly

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4H

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day

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weekly

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30 min 200MA

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1H

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light blue weekly 1st R

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37612 white, monthly r1

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different view , weekly

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weekly lines (light blue)

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weekly upper bollinger level imp.

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closing this analysis, no more further update

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progress at teh end of the year 2024

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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.