Forwarded from WCSE Premium
#BTC
#update
The recent surge in Bitcoin's price has been an exciting development so far. If Bitcoin is able to close above $25,250, we anticipate that the next strong resistance levels are at $27,500 and $28,700 respectively.
These levels are key resistance points where traders should be cautious and consider taking profits on majority of their position.
Moreover, we have identified two immediate support levels for Bitcoin. The first support level is at $23,400, which we anticipate to act as a Local support level in the event of a pullback. The second support level is at $21,400, which we believe to be a crucial level to watch, as a break below this level could indicate a potential trend reversal.
We advise everyone to keep a close eye on these support and resistance levels and be prepared to adjust their positions accordingly.
https://www.tradingview.com/x/gOhJgNGh/
#update
The recent surge in Bitcoin's price has been an exciting development so far. If Bitcoin is able to close above $25,250, we anticipate that the next strong resistance levels are at $27,500 and $28,700 respectively.
These levels are key resistance points where traders should be cautious and consider taking profits on majority of their position.
Moreover, we have identified two immediate support levels for Bitcoin. The first support level is at $23,400, which we anticipate to act as a Local support level in the event of a pullback. The second support level is at $21,400, which we believe to be a crucial level to watch, as a break below this level could indicate a potential trend reversal.
We advise everyone to keep a close eye on these support and resistance levels and be prepared to adjust their positions accordingly.
https://www.tradingview.com/x/gOhJgNGh/
TradingView
TradingView Chart
Forwarded from WCSE Premium
#BTC
#update
After completing the immediate setup target, we should expect retracement and it may take this form.
https://www.tradingview.com/x/3rKeSIKj/
#update
After completing the immediate setup target, we should expect retracement and it may take this form.
https://www.tradingview.com/x/3rKeSIKj/
TradingView
BINANCE:BTCUSDTPERP Chart Image by weslad
Forwarded from WCSE Premium
#BTC
#update
Price currently trading towards middle line of the channel and if keep holding at the current level we can still see a test towards 30k-32k area to complete ISHS target.
But if price breakdown the middle of the channel we can see a sharp test on 25k zone to test out the bottom trendline before continuation.
https://www.tradingview.com/x/Kep2pWHX/
#update
Price currently trading towards middle line of the channel and if keep holding at the current level we can still see a test towards 30k-32k area to complete ISHS target.
But if price breakdown the middle of the channel we can see a sharp test on 25k zone to test out the bottom trendline before continuation.
https://www.tradingview.com/x/Kep2pWHX/
TradingView
TradingView Chart
Forwarded from WCSE Premium
#BTCUSDT
#update
Price failed to closed above the previous high after making an impression of HH to test out 29200 zone.
As a result of this, I do expect a re-test of the breakout zone around 27500 area before another test on the major important resistance level, any breakout from the resistance will bring our long term target of ISHS with about 32k BTC.
https://www.tradingview.com/x/SkftNX1M/
#update
Price failed to closed above the previous high after making an impression of HH to test out 29200 zone.
As a result of this, I do expect a re-test of the breakout zone around 27500 area before another test on the major important resistance level, any breakout from the resistance will bring our long term target of ISHS with about 32k BTC.
https://www.tradingview.com/x/SkftNX1M/
TradingView
TradingView Chart
Forwarded from WCSE Premium
#BTC
#update
Price tested 27500 zone as earlier stipulated, the price since then bounces and moving with potential target towards the resistance again.
Meanwhile a potential Ascending pattern seems building and if play out this might send BTC to 34k zone.
Good buy zone are 28150-27900
https://www.tradingview.com/x/GQP1F52P/
#update
Price tested 27500 zone as earlier stipulated, the price since then bounces and moving with potential target towards the resistance again.
Meanwhile a potential Ascending pattern seems building and if play out this might send BTC to 34k zone.
Good buy zone are 28150-27900
https://www.tradingview.com/x/GQP1F52P/
TradingView
TradingView Chart