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Bitcoin / TetherUS
Long
Updated

BTC/USDT

265
we have a breakout for #Bitcoin!
if this inverse head and shoulders pattern plays out and we break major resistance (green line) expect a huge rally up!

I think big positive news such as approve as the #ETF can happen sooner then we think!
Note
snapshot I cannot stress how important it is to flip that green line, it is the major resistance level and the upper channel of the ascending channel which is a bearish pattern, if we flip that, forget bitcoin going to $40k, we will be going to much higher levels because that bearish pattern will be invalidated!
Note
snapshot just to show you where that green resistance line comes from I am zooming out
UnknownUnicorn22804749
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCUSDTChart PatternsTrend Analysis

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.
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCUSDTChart PatternsTrend Analysis
UnknownUnicorn22804749

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.