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MadWhale
Jan 11, 2023 2:49 PM

can BITCOIN break the channel resistance to the upside? ๐Ÿš€ย Long

Bitcoin / TetherUSBinance

Description

โ‹…
Hello ๐Ÿ‹
Based on the chart, the price is close to the channel resistance area and stick in the range zone ( ascending channel ) โœ”๏ธ
if
the price doesn't break the support zone to the downside, we will see more gain, at least to our upper trend line resistances ๐Ÿ’ฃ๐Ÿš€
otherwise
we can see more correction to lower support level โŒ๐Ÿงจ



๐Ÿ‘Œ Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) ๐Ÿ“–๐Ÿ’ก

Please, feel free to share your point of view, write it in the comments below, thanks ๐Ÿ‹
Comments
kyer
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I agree with your analysis, here are my thoughts on the BTC price

JoeChampion
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Great work!
Lingrid
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Thanks for such an awesome analysis of BTC
KlejdiCuni
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I really like the structure you pointed out. It looks very solid. Thanks
DeGRAM
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Thank you, I like it
Gold-Tech
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Accurate analysis. Thank you
RLinda
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Wow, great technical analysis. I like your work.
nestorador
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Hello! VWAP says support moved to 17300. Says to me ;-)
MadWhale
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@nestorador,
๐Ÿ“–๐Ÿ‘Œ
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