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
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
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
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.