#BTC: What will the next move?
Updated
Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice.
#BTC/USDT ANALYSIS
After breaking out symmetrical triangle, we have seen a good bullish volume in it and currently it is facing horizontally resistance which is around $22600 to $22800. MACD crossover is showing bullish momentum. We have some local support around $21600, A solid break above horizontal resistance is the confirmation of continuation of further bullish the trend in it.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice.
#BTC/USDT ANALYSIS
After breaking out symmetrical triangle, we have seen a good bullish volume in it and currently it is facing horizontally resistance which is around $22600 to $22800. MACD crossover is showing bullish momentum. We have some local support around $21600, A solid break above horizontal resistance is the confirmation of continuation of further bullish the trend in it.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
Note
#BTC/USDT ANALYSIS
BTC is still holding this horizontal support we might retest the symmetrical triangle again, while a successful break above horizontal resistance and 200ma would confirm an upward direction.
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