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CoreCrypto1
Oct 25, 2022 6:06 AM

BTC: NEED TO BREAK ABOVE THIS ACCUMULATION RANGE!! 

Bitcoin / TetherUSBinance

Description

Hello everyone, if you like the idea, do not forget to support it with a like and follow.

Welcome to this quick BTC update.

BTC is still moving in the same range. It is accumulating inside a rectangular box for more then a month. BTC is moving in a range of 18.4k to 20.4k level. Bulls need to break above the 20.4k level for a sustainable growth in BTC.

Currently, it is rejecting from the 19.7k level. We have two important resistances 19.7k and 20.4k
Until and unless we did not break and close above those resistance, all these pumps are just a trap.

Important support for BTC is at 18k, if we break below 18k then we see a quick and sharp dump.

Trade safely in this rangebound area.

if you like this idea then do support it with like and follow.
Also, share your views in the comment section.

Thank You!
Comments
Goldenbreakout
Agree, this is my view
RLinda
Thanks. I like it)
CoreCrypto1
@RLinda, You are welcome!
Tolberti
Amazing analysis on Bitcoin, keep up the good work!
CoreCrypto1
@Tolberti, Thanks, mate!
SwallowPremium
Your technical analysis is awesome! Thank you for sharing!!!
CoreCrypto1
@SwallowPremium, Thanks a lot!
Tradersweekly
Thanks for the idea.
CoreCrypto1
@Tradersweekly, You are welcome!
UnknownUnicorn15614419
Monster as always ♥️♥️
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