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fayezhazzem

Bitcoin Breaking Downtrend Channel

Long
Bitcoin / TetherUS (BINANCE:BTCUSDT)  
fayezhazzem Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Chart Patterns Wave Analysis bitcoinlong bitcoinprice flagbullish channelbreak Trend Line Break breakout buy Bullish Patterns rsi_divergence
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trendanalysis chartpattern waveanalysis bitcoinlong bitcoinprice flagbullish channelbreak trendlinebreak breakout buy bullish rsi_divergence
Bitcoin is currently Bullish as it is breaking out of the daily downtrend channel in a big bullish candle.I think it will continue to 30k as the first target and then to 35k.Also there is a change of structure as it is breaking the previous lower highs and going higher.
This is not a financial advice.
Comment:
We have hit the first target and now the second target is 35k but we are finding some resistance at the swing high so I might expect a pullback maybe.
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