Breaking

Simon Squibb: Sales education is essential for entrepreneurs, why the first million is a crucial milestone, and the power of personal connections in fundraising | 20VC One of the most influential insiders in Bitcoin and global crypto markets: Bitcoin has likely hit its bottom, why diverse perspectives are crucial for investment success, and the barriers of privacy in crypto payments | The Wolf Of All Streets Memecore [M] fades from $1.60 peak – But THESE 2 metrics suggest… Parker White: Bitcoin’s price drop linked to derivatives growth, stress in the IBIT options market, and the hybrid nature of crypto funds | Unchained

Trading View March 17, 2022

Bitcoin: Inside The Triangle

Bitcoin: Inside The Triangle

Bitcoin: Inside The Triangle

BTC/USD COINBASE:BTCUSD

CRYPTOPICKK

Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin ( BTCUSD ).

BTC Price looks like it is headed back down. The chart shows how many touches on the top and bottom of the triangle in both price and RSI . Keep an eye on the 0.382 Fibonacci Retracement level as well as the 0.618 level if price starts moving up. Also if price starts heading upwards, keep an eye on the Ichimoku Cloud resistance above.

If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.

Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don’t trade based on my advice. Do your own research! #cryptopickk

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