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PavelBodo
Sep 4, 2020 8:52 PM

BTC USD - Bitcoin Bitcoin formed a channel as well as a rising w Long

Bitcoin / TetherUSBinance

Description

Hello

Bitcoin formed a channel as well as a rising wedge

To continue the large upward movement, the price needs to break through the previous support and now there is strong resistance at $ 11,100

At the moment, I see a rising wedge and a local trend line that can drive the price to the level of 10750-10950, where you can open a short trade.

Local support at 10100 -9950

Next level 9200

This is just my opinion, and is not a call to action)
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Comments
Alexander_Harford
good job on this one
PolarHusk
nice potential +
PavelBodo
@PolarHusk, thank you
SaamanthaCostinpo
You have done a great analyses.
PavelBodo
@SaamanthaCostinpo, thank you)
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