💎Technical Analysis Summary💎
BTC/USDT
-Bitcoin finally broke above the trendline resistance
-on the 5th retest, the strong resistance has been a breach
-But before this strong move of BTC, there is a double bottom pattern
-BTC bounces twice at 45k support region and pushes as high near 50k
-If we want to see the bulls continue, the current price level must hold
-Or a good retest somewhere 48k-47k area and consolidate to form a base support
-If this bullish scenario played out, expect a potential upside move up to 52k
-From the 52k level, we will have to re-evaluate any potential continuation pattern
-For now, things are looking good in the coming days
-I'll start updating my watchlist for new swing trade ideas
-Good luck everyone, I hope we can have good trading days before the year ends
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins ozzyman2 🙏🎉
``````````````````````````````````````````````
If you need help🙋 don't hesitate to
Send me a message here PolarHusk😊
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
``````````````````````````````````````````````
BTC/USDT
-Bitcoin finally broke above the trendline resistance
-on the 5th retest, the strong resistance has been a breach
-But before this strong move of BTC, there is a double bottom pattern
-BTC bounces twice at 45k support region and pushes as high near 50k
-If we want to see the bulls continue, the current price level must hold
-Or a good retest somewhere 48k-47k area and consolidate to form a base support
-If this bullish scenario played out, expect a potential upside move up to 52k
-From the 52k level, we will have to re-evaluate any potential continuation pattern
-For now, things are looking good in the coming days
-I'll start updating my watchlist for new swing trade ideas
-Good luck everyone, I hope we can have good trading days before the year ends
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins ozzyman2 🙏🎉
``````````````````````````````````````````````
If you need help🙋 don't hesitate to
Send me a message here PolarHusk😊
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
``````````````````````````````````````````````
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