LegionQ8

Bitcoin is trades in triangle and can drop to support line

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello traders, I want share with you my opinion about Bitcoin . Looking at the chart we can see how price tested a support level 23950 and started moving up. Bitcoin continued to grow and has formed an upward triangle, inside which it is currently trading. We see how the price has made a retest of the resistance are and decreased. The price is now trading below the resistance area and can continue to decline and break through the support level 2. I think that the price can achieve support of triangle, so the goals for Bitcoin I set at support level 27765 and at level 27325 which coincide with support line of triangle. Please share this idea with your friends and click Boost 🚀

🔷Join my telegram channel for free - t.me/legionq8

💰About Premium Signals Group all details you can see here - t.me/legionq8/812
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.