Follow the arrows. Targets on the chart. Thank you and Good Luck! Bitcoin: a classical inverse head and shoulder pattern. Targets and stops are given. BTCUSD is bullish right now and I think the market conditions are right for the move up Therefore, i think it is sensible to go long Like and subscribe and comment my ideas if you like them! The basis of the upward movement of bitcoin is support from October The price touched the line at least 4 times. After the last touchdown in February in the Then it began to fall and formed a channel.
BTC-USD broke out of the bullish wedge And Is now retesting the pervious all time high I think we will see a minor pullback to retest the wedge And then I am expecting a move up To retest the recent all time high! Like, comment and subscribe to boost your trading!
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See other ideas below too! Hello Traders Investors And Community, Welcome to this analysis about Bitcoin, we are looking at the minute timeframe perspective, the recent events, the established formational structure and what we can expect in the upcoming times. Recently Bitcoin has shown up with some initial bullish moves to the upside however this bullishness ran directly into the If Bitcoin can't clear the 57K resistance, another test of 50K or lower is likely to follow in the coming week.
The risk based on the time frame that we follow for our LONG only swing trade strategy is not worthwhile. While Bitcoin has formed recently a clear ascending channel and bounced few days ago on the support line, it is now breaking out the bullish flag that was formed within this ascending channel. Price will certainly retest the flag before resuming the growth.
The last time btc was stuck between the 21 day EMA and the 20 day SMA, orange and yellow lines, you can see what followed This is bullish. TradingView EN. Videos only.
Bitcoin Price | BTC Price Index and Live Chart — CoinDesk 20
Surfs up. Bitcoin broke nearest resistance Will Go UP! Bitcoin Bullish flag breatout! A fork may seriously change the function, value or even the name of a cryptocurrency. Unfortunately, for reasons beyond our control, a fork may cause a cryptocurrency we hold for you to be split into two cryptocurrencies. If this happens, the following may apply, as we see fit:. You may have to pay taxes or costs on our crypto services. We are not responsible for collecting these from you, for making any payments on your behalf, or for providing any reports relating to tax.
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