Bitcoin is heading close to 52K now with this Breakout

Bitcoin / TetherUS BINANCE:BTCUSDT

Profitlio_Trading

Market Instrument: BTCUSDT
Timeframe: DAILY
Analysis: Technical
Structure: Key Level and Reversal
Prediction: Bullish

Bitcoin has confirmed the breakout on the key level now where this has a potential of revisiting the next minor resistance level formed close to 52K as highlighted on the chart. A minor retest may be seen on the key level which has already been breached to utilize the buyer’s pressure. Any move back inside the key level will invalidate the setup.

You might be interested in …

Trading View April 24, 2022

1INCH/USD – Potential 500+% Setup

1INCH/USD – Potential 500+% Setup 1INCH Token / Tether KUCOIN:1INCHUSDT caselinben Hello Traders! 1inch completes the correction phase moving in a local downtrend. The price reached the buyers’ interest zone of $1.05 – $1.58 In […]

Trading View April 10, 2022

ZIL/USDT Bullish Setup

ZIL/USDT Bullish Setup Zilliqa / TetherUS BINANCE:ZILUSDT TournesolPremium Hey Colleagues, Today we came across ZIL/USDT. We see a great opportunity for this coin to show some bullish candles in couple of days. We sow that […]

Trading View April 14, 2022

A great leap awaits doge coin

A great leap awaits doge coin Dogecoin / TetherUS BINANCE:DOGEUSDT fractal_analysis98 In my previous analysis, I referred to this price jump. If the number of followers reaches 100 this week, I will put pure analysis […]