History always repeats itself :
We are looking for same scenario that happened pervious time and bitcoin had huge correction now any moment we are looking for breakout to the downside and reaching our targets that shown
Targets :
A. 57000
B. 54500
one important thing after breakout on ascending channel is correction and falling that is needed and this analysis purpose all shown in black rectangle
Notice :Bitcoin is strongly bullish right now and after reaching previous analysis targets broke falling trendline and descending channel :
so for sure even bullish scenario is expected as shown with green arrow but for now we are on important resistance zone .
DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>
We are looking for same scenario that happened pervious time and bitcoin had huge correction now any moment we are looking for breakout to the downside and reaching our targets that shown
Targets :
A. 57000
B. 54500
one important thing after breakout on ascending channel is correction and falling that is needed and this analysis purpose all shown in black rectangle
Notice :Bitcoin is strongly bullish right now and after reaching previous analysis targets broke falling trendline and descending channel :
so for sure even bullish scenario is expected as shown with green arrow but for now we are on important resistance zone .
DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>
Note
why 66K if market continue pumping ?
Note
breakout in channel seen ?
let me know your opinion in comments
My telegram channel:
t.me/mmbtchannel
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned messages in my telegram channel for more info.
Related publications
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.
My telegram channel:
t.me/mmbtchannel
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned messages in my telegram channel for more info.
Related publications
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.