Hassanaskarisyed

#BTC Update 26.04.2022, Short uptrend

BINANCE:BTCUSDT   Bitcoin / TetherUS
#BTC is running in the upper parallel channel in 1D time frame (short term time period) and in descending triangle in the long time period. BTC took a bounce from the lower trend line of the parallel channel and currently holding a lower trend line which is a good sign for short-term market reversal. #BTC can take rejection in coming days or weeks from upper trendline of descending trendline and breakage below can bring BTC up to 36K, 35K zone.

My personal advice is to book your profit and took an exit from the market once BTC reaches 42800, 43200 Zone. This is my personal opinion and not financial advice.

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.