The above chart of Bitcoin laid out an ascending channel pattern. Ascending channel also known as the rising channel . The upper and lower trend lines that connect the higher highs and higher lows respectively appear to move within a rising slope. This pattern is generally a characteristic of a bullish trend .
Currently, Bitcoin ( BTC ) is in the range of $21170. If the pattern continues, the price of BTC might reach the resistance levels of $25480.If the trend reverses, then the price of BTC may fall to $18770
RSI : OverSold Condition in Weekly Time Frame
Trading Level
✅Buy Level $ 21230
✅Target $ 25480
✅Stop Loss $18770
Happy Trading $$$$
Currently, Bitcoin ( BTC ) is in the range of $21170. If the pattern continues, the price of BTC might reach the resistance levels of $25480.If the trend reverses, then the price of BTC may fall to $18770
RSI : OverSold Condition in Weekly Time Frame
Trading Level
✅Buy Level $ 21230
✅Target $ 25480
✅Stop Loss $18770
Happy Trading $$$$
