BTC /USD has been ranging for weeks after breaking the neckline of a head & shoulders .
The market has since formed a flag pattern , indicating a bearish continuation.
We should look to short and have our target at the green.
Price opened with a gap up over the weekend signifying bullish momentum.
We should be cautionary as price can always move the other...
BTCUSD breaks significant resistance at $45800 and hits a multi-week high on upbeat market sentiment.
Primary supply zone -$50000. The breach above confirms minor bullishness. A jump to the next level of $52000/$55000 is possible.
TP of $52000.
#BTCUSD Hello trader, I hope are good and safe. Today I opened the chart of #BTCUSD for 15 Min and analyzed it then I see that this chart has made a #AESCENDING TRAINGLE, So I hope BTCUSD will go up,
When price retest the resistance line then Nice opportunity for Buying.
If you have any query then leave a COMMENRT, LIKE & FOLLOW.
Keep Supporting And Thank You..
Considering the momentum divergence of BTC, after about 6 months of bullish run I think it's time to have a relatively deep correction or resting for a while to gather the energy for continuing the bull market. I'm not suggesting short position because maybe some institute or someone like Elon Musk come and pump it out of a sudden like before.
