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CryptoJournalPro
Oct 16, 2020 6:37 AM

BTCUSDT Long

Bitcoin / TetherUSBinance

Description

Greetings! Bitcoin did not reach $11700. The price stopped around $11600 and went into correction...
I decided to draw a local channel ascending channel as it is slightly different from the mother channel. This will be more accurate. In General, the movement will continue in the range of $11200-11400. I believe that there will still be a pullback to the support level of $11150. You can search for an entry point there. All this confusion because of the ambiguity in America. If a multi-trillion-dollar aid package is approved, Bitcoin will not have any kickbacks of $9,000 or lower. It will continue its upward movement.

If you like my ideas, please click the "Like" button. I'll be glad.
Have a nice day and let the profit be with you!
Comments
Helical_Trades
as always !
long-term channel will do its job,
Mihai_Iacob
Strong support there, if it stays above we can see it at 15k
Cichy2020
@OptimoomFX,
15K...phi....25K!!!
bestfarbit74
lets see what would happen.
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