We touched support line and now forming triangle between 8800 and 8300.
This triangle looks bearish and I do not exclude such an option that we will see a false breakdown of this triangle down and then up. I understand now people scared and some one sell their bitcoins but for me is just an accumulation zone. At the moment, I do not see that bitcoin may fall below 7850, we have a bullish trend after 50% correction and continued upward movement, if we break the upper resistance line we will fly above 10k
Best regards EXCAVO
This triangle looks bearish and I do not exclude such an option that we will see a false breakdown of this triangle down and then up. I understand now people scared and some one sell their bitcoins but for me is just an accumulation zone. At the moment, I do not see that bitcoin may fall below 7850, we have a bullish trend after 50% correction and continued upward movement, if we break the upper resistance line we will fly above 10k
Best regards EXCAVO
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Join the Crypto Trading Tournament ICTI 2025
whitebit.com/a/excavo
Trade Forex
go.tradenation.com/visit/?bta=37220&brand=tradenation
All info
excavo.carrd.co/
t.me/EXCAVOACADEMY
t.me/excavochannel
whitebit.com/a/excavo
Trade Forex
go.tradenation.com/visit/?bta=37220&brand=tradenation
All info
excavo.carrd.co/
t.me/EXCAVOACADEMY
t.me/excavochannel
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.