BTCUSDT price is being traded in triangle, waiting for breakout
Hi, everyone! Today we’ll take a look at BTCUSDT!
As we can see, after a break in the triangle and a bull impulse, the price has formed the new triangle and is traded at the trend line. I expect a local short inside the triangle, then bouncing off the support line assuming a bull movement with a break and impulse, which will be the beginning of a growing trend of bitcoin that all traders have been waiting for a long time. It is no secret that the inverse proportionality of Bitcoin to the dollar, and as we have been told by fundamental analysis, the dollar may fall to its minimum in 2018 because of the growing probability of Joe Biden winning elections in the US and progress in developing a vaccine against coronavirus. With this in mind, one can look at the long position globally, as it seems that we will soon have a pleasant growth of Bitcoin. It’s my personal opinion, not a call to action! May the profit be with you!
Thank you for your attention! If you like my analysis, put likes and follow me. If you have any questions about investing, write to me.
As we can see, after a break in the triangle and a bull impulse, the price has formed the new triangle and is traded at the trend line. I expect a local short inside the triangle, then bouncing off the support line assuming a bull movement with a break and impulse, which will be the beginning of a growing trend of bitcoin that all traders have been waiting for a long time. It is no secret that the inverse proportionality of Bitcoin to the dollar, and as we have been told by fundamental analysis, the dollar may fall to its minimum in 2018 because of the growing probability of Joe Biden winning elections in the US and progress in developing a vaccine against coronavirus. With this in mind, one can look at the long position globally, as it seems that we will soon have a pleasant growth of Bitcoin. It’s my personal opinion, not a call to action! May the profit be with you!
Thank you for your attention! If you like my analysis, put likes and follow me. If you have any questions about investing, write to me.