setrader33

Bitcoin Channel down pattern breakout

Long
setrader33 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin has been forming channel down pattern since 11,000$, now it has broken with a long wick.

RSI showing upward movement sitting above 50% also shows a positive impact

Targets as per FIB, main Resistance is at 11,000$ if broken can go up to 12,500$

moreover last candle formation above 21EMA

Looking Bullish for Short term!!

Note- This is not investment advice

Please like, share and comment.

Twiiter:
twitter.com/bell_crypto

Telegram:
t.me/cryptoeliteopportunites
Trade active
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.