Bitcoin | Price May Retest 20.4k Again In The Short Term
Bitcoin is creating a "Sideways Pattern" on the 60 min chart.
For the time being this pattern is holding very strong considering that
the price is actually testing a key zone.
19K to 20K has acted as a strong support area during the last months
and it should keep the price higher again.
For the moment I am focused only on the small pattern.
Price can bounce again and it can test 20400 during these days.
A move above 20.4k will help the price to increase a lot higher.
A move blow 19.5K will push the price lower probably to the end of the previous structure.
Thank you and Good Luck!
Bitcoin is creating a "Sideways Pattern" on the 60 min chart.
For the time being this pattern is holding very strong considering that
the price is actually testing a key zone.
19K to 20K has acted as a strong support area during the last months
and it should keep the price higher again.
For the moment I am focused only on the small pattern.
Price can bounce again and it can test 20400 during these days.
A move above 20.4k will help the price to increase a lot higher.
A move blow 19.5K will push the price lower probably to the end of the previous structure.
Thank you and Good Luck!
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.