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MadWhale
Dec 26, 2022 1:15 PM

BITCOIN parallel channel and more range ๐Ÿ“–๐Ÿ’กย Long

Bitcoin / TetherUSBinance

Description

โ‹…
Hello ๐Ÿ‹
Based on the chart, the price is close to the support area and stick in the range zone ( parallel channel ) โœ”๏ธ
if
the price doesn't break the support zone to the downside, we will see more gain, at least to our upper trend line resistances ๐Ÿ’ฃ๐Ÿš€
otherwise
we can see more correction to lower support level โŒ๐Ÿงจ




Please, feel free to share your point of view, write it in the comments below, thanks ๐Ÿ‹
Comments
BlackBirdTrading
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Way to go is above from here IMO
Tolberti
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Well done, I agree with your analysis!
KlejdiCuni
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Agree with the entry point. Price can push more. Keep up the good work
DeGRAM
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Thank you for sharing
ProjectSyndicate
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superb overview and high quality charting
Solldy
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Great explanation of the analysis! Interesting what timeframes do you use most often in your analysis?
BKTradingAcademy
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Great work! Keep it up!
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