BTC Market in UPTREND CHANNEL

Hello guys,
A market is said to be in uptrend when every next bottom is above the previous one, and every next high is above the previous one. That is also the case of uptrend in a channel.

This channel will be interesting and come next 2025 and above to see how far BTC will go. In respect to this channel it means we still have very cheap BTC for now. The time is coming that average individual will not be able to avoid 1Bitcoin. Hmmm

Remember this is just general market overview not a trading idea.

Thanks for reading through it.

Zlecenie aktywne:

The look of market in another form, this is Ascending Broadening Wedge formation.

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Another form of rising market pattern, this is called Ascending Triangle

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Price also break away from falling wedge Pattern, this is another huge Bullish signal.

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After weekly candle break important level, it changes so many things about market, making lots of timeframe to become huge Bullish till monthly timeframe.

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Short term view on BTC

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We spotted this our short term play very well. Now approaching resistance zone.

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We reached immediate resistance and we may tend to drop from here to complete the last leg down.

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Price surge up to break through the resistance if we have a candle closes above the resistance range then we have successful breakout. Then next target will be 91XX range

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XRPBTC

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BTTBTC holding firm and stronger

NPXSBTC is waking up gradually

RVNBTC is heading down to complete its corrective pattern

FETBTC accumulation continues

ONGBTC in serious accumulation

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POEBTC heading down to complete the last leg of the falling wedge.

WABIBTC presently trading on a strong support, with this accumulation can be done.

BNBBTC continue its rising wedge formation.

Zlecenie aktywne:

We have price closed above important level which confirm the breakout of the flag. Possible next target is shown on the chart.

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Nice move on the last update, it goes exactly as expected.

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