TradingView
Maximilian_FX
Mar 29, 2024 3:34 AM

BTCUSDT: Continues to explode Long

Bitcoin / TetherUSBinance

Description

Dear friends,
Today, BTCUSDT continues to remain in a nice bullish channel. The cryptocurrency market is trading around a significant range of $70,404, showing stability compared to yesterday's trading session.

In general, the price increase momentum is still firmly consolidated. Specifically, a pattern has formed on the chart. Theoretically, the price will break the resistance level and this will help the coin grow more.

It is worth noting that the mentioned support zones around the $68,000 range should hold for a long time as this is a very strong support zone, If broken we will see a significant decline, maintaining will lead to significant price increases. As depicted, the consolidation and stabilization above this support level and based on the setup and pattern, there is a high probability of seeing a breakout and growth.

Do you expect a wave of BTCUSDT growth? Please leave me your comments!

Trade active

Comments
StewySongs
🔥🔥🔥
tooputhog
same idea
Maximilian_FX
towandmay
great idea
Maximilian_FX
@towandmay, thank you so much
duegig
i like it, keep going on
Maximilian_FX
@duegig, thank you so much
pegpatzip
keep going up
Maximilian_FX
MyCryptoParadise_Simon
That momentum consolidation you mentioned is exactly what i like to see.
More