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Babenski
Aug 11, 2022 6:50 AM

BTC Try to Breakout  Long

Bitcoin / Tether USWhiteBIT

Description

BTC / USDT

This is how i see BTC right now
New flat resistance is formed after the recent 3 rejections from 24k and ascending triangle pattern is detected

Overall ,this is the 5th time BTC is touching 24k resistance ,So there is a high chance of success this time Or the next one(Resistance becomes weaker over times)


What targets if BTC made a breakout?
This first local resistance is 26k followed by 28k and finally 31-32k (final target of ascending triangle pattern )


Will BTC Breakout this time ?
Tell me in comment section below ⬇️
Comments
FX_Professor
Maybe this weekend my friend. Nice chart
Babenski
SwallowPremium
Totally logical view on BTC, thanks
Babenski
Mihai_Iacob
Bitcoin looks pretty bullish at this moment, 30k can be in cards next
Babenski
@Mihai_Iacob, yea hope so
remlik16
Agreed. Seems scenario 2 is developoing again.
Babenski
@remlik16 up or down ?
remlik16
@Babenski, up to 31k.
Babenski
@remlik16 so you agree on my idea💡
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