Bitcoin / TetherUS

ONE LAST RETRACEMENT!

341
Greetings all,

Resistance at 37500 - 37800 is the main issue for bitcoin at the moment.

Trying to break upside many times, we failed.

Bullish trend started to become weaker each time we fail to break above this resistance.

I believe bitcoin needs to reload one more time...

Watching Rising wedge...

Watching Double top...

Watching the main trend from 60k...

Watching trend's weakness...

All the above are giving to us one target between 32800 - 33400...

Is the area i am looking to long bitcoin with target 42k.

GL

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.