Current price: $77700
Bitcoin price action is currently respecting the falling channel as seen. With price currently being supported by the 200EMA in the 75k region
Expecting price action to continue to respect this channel and test resistance levels at 88k and then around 92k (bullish divergence also spotted on 2D timeframe). Reactions which will determine higher prices or further rejection.
if #btc price action breaks down from this falling channel then expects supports at 66k and then 56k to be tested for support!
Transaction en cours
Note
88k hit! Interactions at this level will determine if we continue to go up. Expecting price to maintain this level for continuous movement up! Note
88k held...next 92k - Top of channel!Note
92k! Watching for pull backs or continuation! Continuation is a show of immerse strength.... 106k??
Trade fermée: cible de profit atteinte
Top of channel! Break out of channel can lead to 106kNote
All targets reached!Publications connexes
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Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
