Bitcoin Approaching Upper Channel Resistance

14 พ.ย. 2024

hello guys.

Ascending Channel: Bitcoin is trading within a well-defined ascending channel, with support and resistance levels marked by parallel lines.

Upper Resistance Zone: The price is nearing the upper boundary of the channel around $95,784, which may act as strong resistance.

Bullish Momentum: The trend is bullish as Bitcoin has consistently followed the channel upwards, respecting both support and resistance levels.

Potential Pullback: If Bitcoin faces resistance at the upper channel, a pullback towards the midline or lower boundary is possible.

Target: If the price breaks above the upper boundary, Bitcoin could see a further bullish extension around $95,784. However, rejection at this level could signal a temporary correction.

14 พ.ย. 2024

บันทึก

in 1h time frame, btc is forming a triangle pattern!
it will touch the ascending trendline for the upper level!

15 พ.ย. 2024

การซื้อขายยังคงดำเนินอยู่

#btc #btcusdt #btcusd

it is just like the predicted

15 พ.ย. 2024

บันทึก

the trendline is broken!

20 พ.ย. 2024

บันทึก

btc is toward the target

21 พ.ย. 2024

ปิดการเทรด: ถึงเป้าหมายการทำกำไร

target touched