Hey Everyone,
In today’s Bitcoin Idea, I believe we are in an ascending triangle which a chart pattern for continuation of the trend.
Bitcoin is going to retest the Resistance Trendline and then we can start the trade.
Entry: Retest on Resistance Trendline (45,787)
Stop Loss: 50,090
Target 1: 41,781
Target 2: 38,092
Target 3: 35,064
Risk Reward Ratio: 2.5
Let’s see how this goes.
Bitcoin MAY PLUMMET FROM HERE Bitcoin / U.S. dollar BITSTAMP:BTCUSD dioncoleman08 As shown in my previous chart where Bitcoin fell below the support level that it has held since the start of the bull market […]
BTCUSD BEARS GETTING READY FOR ANOTHER RALLY Bitcoin / U.S. dollar BITSTAMP:BTCUSD stuckinprofit Over the past few weeks, i have not said anything concerning crypto after we smashed our $37k, $35k, and $32k, this was […]
BTCUSDT near 30K support zone and pump is ahead Bitcoin / TetherUS BINANCE:BTCUSDT MMBTtrader After that huge fall now we can expect a local rise and pump here like the green arrows on the chart. […]