๐คฏ Bitcoin Analysis " Short" or "Long"
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Bitcoin(BTCUSDT) Price Prediction 2022
The above chart of Bitcoin(BTCUSDT) laid out the Ascending triangle pattern. The ascending triangle is a characteristic pattern of an ongoing bullish trend . This triangle is formed by a horizontal upper trendline that connects the highs and the lower trendline that connects the rising lows. If the trend breaks out at the resistance level , the price will continue to move up in this ascending triangle pattern.
Currently, Bitcoin(BTCUSDT) is in the range of $21580. If the pattern continues, the price of Bitcoin(BTCUSDT) might reach the support levels of $21250, If the trend reverses, then the price of Bitcoin(BTCUSDT) may rise to $21600
Trade Level
Sell Entry : $21500
Target : $21250
Stop Loss : $21600
Happy Trading $$$$
The above chart of Bitcoin(BTCUSDT) laid out the Ascending triangle pattern. The ascending triangle is a characteristic pattern of an ongoing bullish trend . This triangle is formed by a horizontal upper trendline that connects the highs and the lower trendline that connects the rising lows. If the trend breaks out at the resistance level , the price will continue to move up in this ascending triangle pattern.
Currently, Bitcoin(BTCUSDT) is in the range of $21580. If the pattern continues, the price of Bitcoin(BTCUSDT) might reach the support levels of $21250, If the trend reverses, then the price of Bitcoin(BTCUSDT) may rise to $21600
Trade Level
Sell Entry : $21500
Target : $21250
Stop Loss : $21600
Happy Trading $$$$
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