MillionaireEconomics

BTC Bitcoin: Can it break through

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

The chart is self-explanatory. The chart shows all the support and resistance lines and zones. Keep a close eye on the current support line as well as the possible re-test of the Descending Channel. RSI looks bullish.

Shown in the chart: Trend line, Support and Resistance Trend Line, Ichimoku Cloud, Descending Channel, Relative Strength Index, and Volume.

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

I chart on Tradingview: www.tradingview.com/symbols/BTCUSD/?aff_id=25106

I hold crypto on Ledger Hardware: shop.ledger.com/?r=9f683f228f19

I find value in the data from LuxAlgo:
www.luxalgo.com/pricing?rfsn=6252565.5f61bd
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.