June 12, 2026

BTC made rare 2 equal green weekly candles; next candle decides

BTC made rare 2 equal green weekly candles; next candle decides

BTC made rare 2 equal green weekly candles; next candle decides

BTC made rare 2 equal green weekly candles; next candle decides

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
xtremerider8


BTC made rare 2 equal green weekly candles; next candle decides

BTC in this weekly chart still has Bollinger Band pointing downwards with middle MA20 at 46000. Top band is 60k & lower Band is 30k. This will be the impt levels if BTC continues to move sideways.
The most recent 2 equal weekly candles show BTC sideway range between 41215 & 37775. Next candle close will decide its weekly direction, whether breakout or still sideways.
However the midterm resistance is still at 46k & support at 33k . Ranging inside this range are just NOISE.
Downward trajectory improved a little from a 70 degree steep angle of the red wedge to the 45 degree blue wedge . But still on a downward direction until it breaks the blue wedge to the upside. Breaking to the downside may see 33k & 30k coming.
Not trading advice

Previous Article

Harmoney – (ONE) THE BREAKOUT TREND

Next Article

BTC 4H Long

You might be interested in …

TS ❕ RUNEUSD: reached a support

TS ❕ RUNEUSD: reached a support

TS ❕ RUNEUSD: reached a support RUNE / TetherUS BINANCE:RUNEUSDT TradingStat RUNEUSD has reached a support level from which it has already bounced. A rebound is expected once again up from the level. BUY scenario: […]

Pullback to neck line

Pullback to neck line

Pullback to neck line Bitcoin / TetherUS BINANCE:BTCUSDT zareei61 After head and shoulders pattern we are seeing pullbak to neck line Thats great to sell