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LegionQ8
Mar 31, 2023 10:32 AM

Bitcoin can continue to move up and broke resistance of triangle Long

Bitcoin / TetherUSBinance

Description

Hello traders, I want share with you my opinion about Bitcoin. Watching the chart, we see how Bitcoin has been trading below the level 22000 for some time. Rebounding from the level of 19500, the price formed an upward impulse that broke through the resistance level 22000 and the zone 23950-24650. Next, we can see how the price formed a buyer zone, re-tested it and continued to grow. Over time, Bitcoin created an upward triangle in which it is now traded. The price re-tested the support line of the triangle, started moving uphill and made a fake breakout of the resistance level, after which it returned and decreased. Bitcoin is currently trading close to the support line, and can to decline and make re-test it. I think the price after a possible retest can continue to move uphill and break through the resistance level. Based on these data, I set goals for bitcoin at levels 28775 and, 30000. Please share this idea with your friends and click Boost 🚀
Comments
InkyGrip
I'm waiting for the long entry on BTCUSDT
FOREXN1
I agree , price will grow in long term!
Williamforex
nice setup
Setupsfx_
Excellent opportunity to take trade
SwallowPremium
Good work!! We wish you profitable year!)
HAMED_AZ
Great idea
Investroy
Beautiful work, Tony!
basictradingtv
keep up the excellent analysis!
Leo-btm
good job I'm short
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