BTC/USD - Keep watching from noon
I am following BTC/USDT and so far we have two options:
1. Price breaks the current triangle and past resistance level around 17150 and we go to target one, which I expect to be around 18000, or;
2. The price touches the triangle and past resistance level and will go down to form a "head and shoulder" pattern, which means we will see a bearish movement. First support level is around 15300.
Hope to see some bullish movements this afternoon, trend lines look bullish!
*Please comment on my chart and assumptions as I am always open to learning from feedback!
*BTC DONATIONS ALWAYS WELCOME: 16krV5FtyfmX4yxNEj5JArPqpEyGPDPZkw
*You are the decision maker in your trading, I cannot be held responsible for your losses.
1. Price breaks the current triangle and past resistance level around 17150 and we go to target one, which I expect to be around 18000, or;
2. The price touches the triangle and past resistance level and will go down to form a "head and shoulder" pattern, which means we will see a bearish movement. First support level is around 15300.
Hope to see some bullish movements this afternoon, trend lines look bullish!
*Please comment on my chart and assumptions as I am always open to learning from feedback!
*BTC DONATIONS ALWAYS WELCOME: 16krV5FtyfmX4yxNEj5JArPqpEyGPDPZkw
*You are the decision maker in your trading, I cannot be held responsible for your losses.
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.
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.