Since June 18, 2022, BTC trades in a higher high, higher low structure. In the recent trend we can observe that BTC has been forming Ascending Triangle Structure.
Currently, BTCUSDT is at $24015. If the pattern continues, the price of BTCUSDT might reach the resistance level of $28200 If the trend reverses, then the price of BTCUSDT may fall to $22400
Look at the Bullish Candle and Volume Spike in the recent price action. Sounds like the bulls are ready for bear warfare.
Short Note :
Breakout Level : $24700
Target : $28200
Stop Loss : $22400
Happy Trading
Currently, BTCUSDT is at $24015. If the pattern continues, the price of BTCUSDT might reach the resistance level of $28200 If the trend reverses, then the price of BTCUSDT may fall to $22400
Look at the Bullish Candle and Volume Spike in the recent price action. Sounds like the bulls are ready for bear warfare.
Short Note :
Breakout Level : $24700
Target : $28200
Stop Loss : $22400
Happy Trading
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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.
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.