Hello Traders!
We can see a continuation pattern of a breakout of fallen wedge seems to be a very bullish set up towards 9k level
to push the price of bitcoin above 8k bitcoin need to hold this support key at 7721 plus holding this trendline support if bitcoin drop below this key support this set up will be invalid and I will look for another pattern to see the bigger picture of this structure. I'm positive that the bulls are in control possible a high chance bitcoin will continue to move this upward channel
If you love my analysis kindly leave a like and follow me to get notified whenever I post the latest news analysis of cryptocurrency
Happy trading guys!
Stay safe.
We can see a continuation pattern of a breakout of fallen wedge seems to be a very bullish set up towards 9k level
to push the price of bitcoin above 8k bitcoin need to hold this support key at 7721 plus holding this trendline support if bitcoin drop below this key support this set up will be invalid and I will look for another pattern to see the bigger picture of this structure. I'm positive that the bulls are in control possible a high chance bitcoin will continue to move this upward channel
If you love my analysis kindly leave a like and follow me to get notified whenever I post the latest news analysis of cryptocurrency
Happy trading guys!
Stay safe.
