RocketBomb

๐๐ข๐ญ๐œ๐จ๐ข๐ง ๐จ๐ง ๐‡๐จ๐ฎ๐ซ๐ฅ๐ฒ ๐‚๐ก๐š๐ซ๐ญ 06.10.23

BINANCE:BTCUSD   Bitcoin

Hello, dear TradingView community! ๐Ÿš€

Since the beginning of September, Bitcoin has been crafting an intriguing narrative. Within this month, it has formed an ascending channel, with prices oscillating between $25,000 and $28,500. But here's the kicker: there's a significant twist in this tale. The price is now drawing closer to a trendline that etched its presence last year.


Currently, we find ourselves in the lower echelons of this channel. The outlook suggests a period of consolidation within this region, potentially steering us toward that long-term trendline. ๐ŸŒ

But what's the takeaway for traders we can do? ๐Ÿค”

The key lies in patience and observation. ๐Ÿง To formulate a robust trading strategy, we advise waiting for more substantial price movements. A decisive breakout in either direction will be the clarion call you've been waiting for โ€“ a strong signal to make your move. ๐Ÿš€

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Together, we can achieve more!๐Ÿ’ช

Until next time! ๐Ÿš€ Your Kateryna๐Ÿซถ


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