BITCOIN, Waiting for a SHORT Confirmations!

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
We can see new magnet level at $12080, which pulls the price to itself. This upward movement will be a correction of 13k rally, after which the price might fall down again. The power of a magnet level can be spread up to $12475, this point is the strongest local resistance right now. Unlike $12080, $12475 level tends to get wider as the price comes closer.

If this point won't make other resistances and the price will surpass it, we will see a new pump. If we see only winks in red zone, the market will dump further. The same appeals to magnet level. Targets of downward movement are in the $9500 - $10700 zone, where we'll probably see another upward correction.

If you found this idea interesting, do not forget to Like it and subscribe to the profile, so as not to miss our updates!
Comment: The most interesting things there are borders of the flat-channel. The strong resistance is located at the level $11640, while the strong support is located at the $10700 level. You have two trading options: firstly you can trade inside the channel and secondly you can trade the breakout of one. Therefore, if the price breaks either support or resistance and take hold there - the next movement will have the same direction.

Work in the team of Crypto Klondike.

Public Telegram Channel:


Chat Room:

nice one...maybe this pattern will clear more
Husain_Zabir Husain_Zabir
@Husain_Zabir, or this one for long term:)

Hi! Do you have an Instagram handle?
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out