Hello traders. BTC is trying to break nearest resistant (55798) but still did not achieve success and up trend channel still support it as well. In my view, a very small correction will be happen for BTC and nearest static support (54678) with its dynamic support will make BTC price go up and if this idea will be right, BTC targets will be 56731 and 58051. But...
BTC trend line price had been broken however 50722 support zone is striving to not let BTC price go down more than this. 2 scenarios can be happen. First one is BTC price go back to its trend line and continue to reach 57331 (weekly pivot) and 58226 ( monthly resistant) and strive to break them. Second one is BTC price can not go back into its trend line and...
BINANCE:BTCBUSD My opinion is BTC price is in an uptrend channel but for short-term trades, its price will reduce to those support lines which I sketched with orange color. This event will continue eighter two days or nearest purple line which is resistant line is broken by BTC price
BINANCE:BTCBUSD My opinion is BTC price is in an uptrend channel but for short-term trades, its price will reduce to those support lines which I sketched with orange color. This event will continue eighter two days or nearest purple line which is resistant line is broken by BTC price