Bitcoin / Tether USDShort
BTCusd
The price of the formation of the formation of a good support base above the level of 1169.00, to resume its regular positive trading within the ascending channel shown in the graph above, and managed to penetrate the resistance level is important to enhance the chances of continuing the upward trend in the short term.
Therefore, our positive outlook remains valid for the coming period. The next key objective is to test the recent high at 1298.00, noting that a break of 1169.00 will halt the expected rally and press the price to test corrective levels again from 1089.18 to 1024.67.
Therefore, our positive outlook remains valid for the coming period. The next key objective is to test the recent high at 1298.00, noting that a break of 1169.00 will halt the expected rally and press the price to test corrective levels again from 1089.18 to 1024.67.
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.