Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price some days ago price rebounded from the resistance line and started to decline to the current support level. After it reached this level, BTC broke it and fell to the buyer zone, which coincided with the 41300 support level. A few moments ago price rebounded from this zone and rose higher than the 41300 level, breaking it, but then BTC started to decline in a downward channel, where it declined back to the buyer zone. Later price reached the support line of the wedge and at once made a strong upward impulse to the resistance line of the wedge, thereby exiting from the downward channel. After this, the price corrected to the support line and then continued to rise to the current support level. And a not long time ago BTC broke this level and now trades near. So, I think that Bitcoin can correct to the support line and then rebound up to the resistance line of the wedge. Then possibly, the price can exit from the wedge and continue to move up, therefore I set up my target at the 45300 level. Please share this idea with your friends and click Boost 🚀
Any chance you can teach me how to read markets and make charts up for “Future” times using Old data to start with.. I just can’t find a good “Course” or anything so I’m now reaching out to the community! I know this website has some stuff but I need GUIDANCE! Like even demo trading guidance or trading same stocks or crypto you are on a demo account and follow your actions and see how it works and follow and learn from doing! Thanks for the consideration and that’s to anyone who has or can help me for free cheers!
wikitrades
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Is it a wedge or bullish pennant rather?
MyCryptoParadise_Nathan
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Bitcoin's current behavior near support levels is crucial to watch.
Real_CryptoRoy
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Interesting idea, thanks for sharing
MyCryptoParadise
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Your analysis of Bitcoin indicates that after rebounding from resistance, BTC's price declined to a support level, then broke through to the buyer zone around 41300.
aprof1978
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thanks for sharing 🙏
Leo-btm
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interesting target
MyCryptoParadise_Simon
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BTC's dance with wedge patterns – intriguing moves towards 45300.
Any chance you can teach me how to read markets and make charts up for “Future” times using Old data to start with.. I just can’t find a good “Course” or anything so I’m now reaching out to the community! I know this website has some stuff but I need GUIDANCE! Like even demo trading guidance or trading same stocks or crypto you are on a demo account and follow your actions and see how it works and follow and learn from doing! Thanks for the consideration and that’s to anyone who has or can help me for free cheers!