Bitcoin's Trading Range Long

Bitcoin / TetherUSBinance

Description

⋅ Apr 26, 2020 10:40 AM

Bitcoin is trading in a range between $7450-$7600, being very close to the resistance line.

The price is expected to break out towards $8000.

All explanations are given in the chart.

Please leave a like and comment if you like my analysis.

Comment

⋅ Apr 27, 2020 7:19 AM

The price has broken out and is on it's way to $8000. Expecting the target to be reached within 1-3 days. Going to post a longer-term analysis soon.

Comments

transparent-fx

⋅ Apr 26, 2020 10:42 AM

I broke it down as well, here is my view on it

BitcoinMaximus1

⋅ Apr 27, 2020 7:18 AM

@transparent-fx, nice analysis as always

romancos

⋅ Jun 4, 2021 10:03 AM

It is 2021. Any fresh (useful ideas)?

watchtrend

⋅ Mar 23, 2021 9:59 PM

Nice idea

verabestverabest1

⋅ Nov 18, 2020 9:20 AM

Your chart is clear but my question now is that do you think that btc will keep buying now