Technical analysis:
Welcome to this quick update everyone
#BTCUSD
Bitcoin is Consolidating in Descending Triangle from last 14 Days.
Volume has Continuously Decreasing, Time for a big Move?
So far Bulls Defending the 34.5k Horizontal Support, If daily Candle Closed Below 34.5k then Next Stop would be Below 30k 📉
If bitcoin Remains Above the Horizontal Support & Bulls Cleared the Descending Trendline Resistance (37.6k), Bitcoin Might RETEST the 46k 📈
BTC Trading at the Resistance level.
Good thing is we are above the 38.5k level.
I'll keep this very simple, we need to close above the 21D Daily MA and maintaining it to be bullish.
❤️ If you find this helpful and want more FREE forecasts in Tradingview
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want me to help you become a better Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let me know how you see this opportunity and forecast.
Trade well, ❤️
#bitcoin #crypto #nextmove #bullmarket #sideways #btcusd #dailyclosed #pinpongzone
Welcome to this quick update everyone
#BTCUSD
Bitcoin is Consolidating in Descending Triangle from last 14 Days.
Volume has Continuously Decreasing, Time for a big Move?
So far Bulls Defending the 34.5k Horizontal Support, If daily Candle Closed Below 34.5k then Next Stop would be Below 30k 📉
If bitcoin Remains Above the Horizontal Support & Bulls Cleared the Descending Trendline Resistance (37.6k), Bitcoin Might RETEST the 46k 📈
BTC Trading at the Resistance level.
Good thing is we are above the 38.5k level.
I'll keep this very simple, we need to close above the 21D Daily MA and maintaining it to be bullish.
❤️ If you find this helpful and want more FREE forecasts in Tradingview
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want me to help you become a better Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let me know how you see this opportunity and forecast.
Trade well, ❤️
#bitcoin #crypto #nextmove #bullmarket #sideways #btcusd #dailyclosed #pinpongzone