BTC on verge of breakout, huge movement ahead !
BTC / USDT
Price came to the end of giant descending triangle pattern which mean a huge breakout soon
What can we see in chart ?
Price is trading in prolonged consolidation and there are 2 tight ranges :
Smaller range (blue) :18.2k and 20K
Wider range (yellow) :17600 and 22500
I interested more about the wider range because it will have more accuracy and a less chance to be faked out
If major resistance broken, Next midterm targets 25K-28K-33K
If major support broken down Next midterm targets 16k-14k-11k
Dont try much short here, its very risky as we can see multiple fake-out/wicks before the valid breakout...Instead of that try to accumlate strong coins(which have a future uses) at the huge discounts
Do you agree ?
I wait your opinion in comments section below ⬇️
Price came to the end of giant descending triangle pattern which mean a huge breakout soon
What can we see in chart ?
Price is trading in prolonged consolidation and there are 2 tight ranges :
Smaller range (blue) :18.2k and 20K
Wider range (yellow) :17600 and 22500
I interested more about the wider range because it will have more accuracy and a less chance to be faked out
If major resistance broken, Next midterm targets 25K-28K-33K
If major support broken down Next midterm targets 16k-14k-11k
Dont try much short here, its very risky as we can see multiple fake-out/wicks before the valid breakout...Instead of that try to accumlate strong coins(which have a future uses) at the huge discounts
Do you agree ?
I wait your opinion in comments section below ⬇️
📈Telegram channel: t.me/bitcoin_masters
💎For Premium Signals Group ask me here: t.me/Babenski
💎For Premium Signals Group ask me here: t.me/Babenski
Related publications
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.
📈Telegram channel: t.me/bitcoin_masters
💎For Premium Signals Group ask me here: t.me/Babenski
💎For Premium Signals Group ask me here: t.me/Babenski
Related publications
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.