#BTC Weekly Technical Analysis.
Updated
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I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#Bitcoin Long Term Technical Analysis:-
In this weekly time frame, BTC is trading inside this rising expanding triangle pattern and is currently at the lower level of this pattern.
Which is at 1428D long Strong support BTC must hold this level. If BTC breaks down to this level then 11k to
12K is the next stopping point.
I am accumulating BTC in this range and what if BTC drop towards 11k to 12k then I will buy more, no one can catch the accurate bottom.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#Bitcoin Long Term Technical Analysis:-
In this weekly time frame, BTC is trading inside this rising expanding triangle pattern and is currently at the lower level of this pattern.
Which is at 1428D long Strong support BTC must hold this level. If BTC breaks down to this level then 11k to
12K is the next stopping point.I am accumulating BTC in this range and what if BTC drop towards 11k to 12k then I will buy more, no one can catch the accurate bottom.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
Note
Note
As you can see in the chart in 2021 BTC did this fack out after the breakout of this descending triangle pattern so this time too we can expect the same move.
let's see is history is going to repeat or not
Note
BTC is sowing some very good bullish divergence moves in this daily time frame
Observe the chart guys
Note
#BTC Break out this Symmetrical triangle pattern and according to the pattern we can bounce up to 18% from here.
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