Get started
TahaZargar

Bitcoin is near key level, Which one is the next TP, 40k or 44k?

Bitcoin / TetherUS PERPETUAL CONTRACT (BINANCE:BTCUSDT.P)  
TahaZargar  
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Trend Analysis Chart Patterns Technical Indicators BTCUSDT BTCUSD BTC Bitcoin (Cryptocurrency) bitcoinforecast bitcoinprice bitcoinusd
1
0
trendanalysis chartpattern indicator btcusdt btcusd btc bitcoin bitcoinforecast bitcoinprice bitcoinusd
Bitcoin is getting ready to do a quick move, both Up or Down, can happen this time.

A head & shoulder pattern is formed on the chart, If bulls lose 42500$ support, A rapid move up to 40K will happen.

42500$ is our key level at this moment, In the best case, I expect to see some neutral movements above 42500 for a while!
Bulls are weak at this moment, Let's see what will happen.

Be careful about your LONGs and SHORTs, Both are risky in this situation!
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.