Bitcoin can rebound up from pennant to 71K points

20 paź 2024

Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price rose to the current support level, which coincided with the support zone. After it reached this level, it some time traded near and even entered the support area, but then dropped to the buyer zone. Also, the price started to trades inside the pennant, where later, BTC rebounded from the buyer zone and started to grow. Soon, the price turned around and made a correction movement to support line of the pennant. After this, BTC turned around and made impulse up, making a fake breakout of the 60800 level. In a short time later, the price reached the current support level, broke it, and made a retest. Then it continued to grow until reached the resistance line of the pennant, after which, a not long time ago, it rolled down. So, at the moment, I think that the price can decline to support line and then rebound up, exiting from the pennant pattern. After this, I think BTC can continue to grow, for this case, I set my TP at 71000 points. Please share this idea with your friends and click Boost 🚀

21 paź 2024

Zlecenie aktywne

Okay! BTC rose to the resistance line, but then dropped back and even exited from the pennant pattern. For this reason, I think Bitcoin fall a little more and then continue to move up and reach my TP:

22 paź 2024

Zlecenie aktywne

BTC continued to fall, for this reason, I think it will fall to the support level and then starts to grow:

23 paź 2024

Transakcja zakończona: osiągnięto poziom stop

I think BTC will continue to decline