Technical analysis: #BITCOIN (Monthly update)
* BTCUSD is taking support from Raising wedge Pattern Trend line in Monthly time frame and
break out the falling wadge pattern.
*Bitcoin Bulls are Regain the 50-MA is Good sign but need to Reclaim the 29k Horizontal Resistance as support as well as 21-MA for further Upside movement ..
*The price is trading ABOVE both 50- MA as well as trend line is LOOK Bullish but need to trading above 21-MA as welfor confirmation for bull run //
* RSI is Trying to break the Down Trend line , if price could break it then it will take momentum from here..
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#bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #monthlyclosed
* BTCUSD is taking support from Raising wedge Pattern Trend line in Monthly time frame and
break out the falling wadge pattern.
*Bitcoin Bulls are Regain the 50-MA is Good sign but need to Reclaim the 29k Horizontal Resistance as support as well as 21-MA for further Upside movement ..
*The price is trading ABOVE both 50- MA as well as trend line is LOOK Bullish but need to trading above 21-MA as welfor confirmation for bull run //
* RSI is Trying to break the Down Trend line , if price could break it then it will take momentum from here..
🥰If you find this helpful and want more FREE forecasts in Tradingview😍.
Please show your support back🙏,
Hit the 👍 LIKE button,
Drop some feedback below in the comment✍️!
❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝
💎 Want me to help you become a better Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let me know how you see this opportunity and forecast.
Trade well, 💪
#bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #monthlyclosed
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