SAFAR1365

Bitcoin status in monthly time frame

BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin is in an ascending channel on the monthly timeframe and we are rising from the bottom of the channel

In the event of a fall, EMA 10 and 20 (blue and turquoise lines at the bottom of the ascending channel and the bottom of the channel itself, currently the price is about 30,000) and also EMA 50 (yellow line, currently the price is about 25,000) is a good support zone.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.