Bitcoin can tested support level and continue to rise
Hello traders, I want share with you my opinion about Bitcoin. When observing Bitcoin, we can see how the price began to fall, broke through the level 28290 and decreased. After an upward correction, Bitcoin retested the current resistance level and continued to fall. The price broke through the support level 26965 and dropped to the level 26815, from which it bounced and began to rise. Over time, Bitcoin has formed an upward triangle and is now trading in the within. Not long ago, the price tested the support line of triangle, bounce off and continued to rise, and broke through the current resistance level 26965. The price made a small downward correction and is now trading close to the support level. I think that after a possible retest of the support level, the price can continue to upward. Bitcoin can grow to a resistance area 27495-27670, which is the resistance of the triangle. In this case, I decided to set the targets at level 27200 and at level 27600. Please share this idea with your friends and click Boost 🚀
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🔷Join my telegram channel for free - bit.ly/4g4wovR
💰Want receive more profitable signals for Crypto & Forex market, write me 👉 bit.ly/4fNijD8
💰Want receive more profitable signals for Crypto & Forex market, write me 👉 bit.ly/4fNijD8
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.