BTC/USD Symmetrical Triangle

Bitcoin / Dollar BITFINEX:BTCUSD

dee_fx_mee

I am currently bullish on Bitcoin , after moving from the past few weeks of consolidation, before breaking out of the 42000 Resistance zone . Then testing the 48000 R-level before falling back to retest the 42000 which could now be used as the new Support zone .

A break out of the 48000 (upper trendline) could be the break the buyers need to push the price up to the 68500 zones again.

Going bullish on BTC could be a nice idea.

You might be interested in …

Trading View May 15, 2022

Doge coin to the moon or maybe not

Doge coin to the moon or maybe not Dogecoin / TetherUS BINANCE:DOGEUSDT techbudsolution DOGE attempted a rebound on the 4-hour chart but was unable to maintain the bounce. A bearish candle with a long wick […]

Trading View May 24, 2022

BTCUSD Timeframe: Medium Term, Technical: Strong Bearish <$19800

BTCUSD Timeframe: Medium Term, Technical: Strong Bearish <$19800 Bitcoin / TetherUS BINANCE:BTCUSDT crevixtrader BTCUSD (Exited: Range, Entered: Strong Trend @ $29700) # 1 Month # Technical Analysis #crevixtrader

Trading View April 21, 2022

are we repeating the past and we are headed to the 200MA weekly

are we repeating the past and we are headed to the 200MA weekly Bitcoin / U.S. dollar BITSTAMP:BTCUSD luissjp in 2018 we bounce for the 50MA weekly and later we broke it. after we broke […]