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FieryTrading
Dec 8, 2022 2:27 PM

🔥 Bitcoin Short-Term Bullish Channel Intact Long

Bitcoin / TetherUSBinance

Description

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Over the last few day's we've seen BTC trading sideways. As of yesterday, BTC is slightly trading bullish alongside the bottom support (purple) of the channel.

At this point in time I'm not 100% sure yet whether BTC will bounce, or whether it will fall through the support. Admittedly, a bounce is the more likely scenario since the daily uptrend is still intact.

In case of a bounce I'm looking at the blue lines for potential targets.
Comments
InvestMate
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As far as I'm concerned, we're in for growth
Lingrid
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Possible scenario
DeGRAM
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Thank you.
Solldy
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I can only wish you luck with this idea) I do not agree with most of the arguments, and the news on the asset is still cautious on the transactions.
TheNewsCrypto
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Agreed,thanks for sharing
AtlasTrades
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High Probability Set-up for btc, I agree with this pattern
YMGroup
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Thanks for awesome btc explanation
JoeChampion
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I have similar thoughts, thank you!
SwallowPremium
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The chart is pretty good, as is the idea in general.
PensieriParole
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look like it will pump
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