On the 4h chart
BTC can potentially revisit local support before breakout end of the Week End. We can also determine a triangle formation that has the same base as the ascending channel.
On the daily we have a falling wedge and with the support we have a confirmation that the price can reject on that level of $53k .
Summary:
-Important support @ $53k that needs to be held in order to validate this idea
- Upside resistance at around $55.500 that needs to be broken
- Potential move is to the next big resistance of $65500
- Upside move could start Sunday-Monday
#Sublime
BTC can potentially revisit local support before breakout end of the Week End. We can also determine a triangle formation that has the same base as the ascending channel.
On the daily we have a falling wedge and with the support we have a confirmation that the price can reject on that level of $53k .
Summary:
-Important support @ $53k that needs to be held in order to validate this idea
- Upside resistance at around $55.500 that needs to be broken
- Potential move is to the next big resistance of $65500
- Upside move could start Sunday-Monday
#Sublime
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GET Lorentzian ML access - bit.ly/Lorentzian
Our website: sublimetraders.com/
Proudly listed on binance-futures-signals.com/
GET Lorentzian ML access - bit.ly/Lorentzian
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Join our free telegram community here: t.me/sublimetraders
Our website: sublimetraders.com/
Proudly listed on binance-futures-signals.com/
GET Lorentzian ML access - bit.ly/Lorentzian
Our website: sublimetraders.com/
Proudly listed on binance-futures-signals.com/
GET Lorentzian ML access - bit.ly/Lorentzian
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.