BTC/USD - Approaching apex, decision time!
BTC is reaching the end of this pennant and we should expect a sharp price reaction in this area.
The next significant resistance is at 38k while the support is at 30k which so far has held well and created a higher low every time.
For this reason my bias is bullish and I expect us to pump higher soon. This is also supported by the indicators that are curving up nicely. We've had a bit of indecision these past few days and the pump on 28th Jan was quickly corrected back into the pennant.
While I am bullish bias, I don't exclude a possible drop either, we just have to see how we resolve this apex in blue.
Like and follow if you liked this idea!
The next significant resistance is at 38k while the support is at 30k which so far has held well and created a higher low every time.
For this reason my bias is bullish and I expect us to pump higher soon. This is also supported by the indicators that are curving up nicely. We've had a bit of indecision these past few days and the pump on 28th Jan was quickly corrected back into the pennant.
While I am bullish bias, I don't exclude a possible drop either, we just have to see how we resolve this apex in blue.
Like and follow if you liked this idea!
📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน