Bitcoin "Channel" Breakout Target 17k?

업데이트됨
Bitcoin "Channel" Breakout Analysis

The above chart of Bitcoin laid out the Horizontal channel pattern. Horizontal channel pattern also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper trendline, the line which connects the highs, and the lower trendline, line which connects the lows, run horizontally parallel and the price action is contained within it. A horizontal channel is often regarded as one of the suitable patterns for timing the market as the buying and selling points are in consolidation.

Currently, Bitcoin is in the range of $16189. If the pattern continues, the price of Bitcoin might reach the resistance levels of $17050 If the trend reverses, then the price of Bitcoin may fall to $15660

Key Points : Bullish Candle and Volume Spike

Happy Trading
액티브 트레이드
노트
16500+ RUNNING
노트
Breakout Done :
스냅샷
노트
Near to Target Level
노트
Retest Done
노트
스냅샷 500 Points Up
액티브 트레이드
액티브 트레이드
Chart PatternsTrend AnalysisWave Analysis

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