BTCUSDT In my opinion, This symbol is in a daily uptrend channel and is expected to continue its uptrend.
Btcusdtrendline
BTC DESCENDING CHANNEL - 19K or NEW ATHThis analysis has been listed on my published post since june and its currently in play. The chart shows a vivid price movement of btc since the onset of the last ath and presently we are close to the lower high of the channel where btc could possibly get rejected or breakout. Price is at a strong resistance zone ($45.5k), failure to break could take price down to 42.5K and a reversal to the lower high of the channel is highly expected. The pattern implies a price trend to 50K - 51K then to a new ATH or back down to 19k which is a essential demand zone for btc to retest. All vital info have been provided on chart, take your time to delve.
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BTC is about to make it or breakit.Hello,
following this channel btc needs to hold the daily POC level 39k Else going to set new lows may be 20k levels
keep an eye open dont do high leverage
BTCUSDT - Bearish Opportunities !Welcome to our Trade Setups - May 16th ( BTCUSDT ) !
SELL BTCUSDT
ENTRY LEVEL @ 45823.98
SL @ 53024.78
TP @ 31451.54
Max Risk: 1% - 3%!
Risk/Reward Ratio: 2
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BTCUSDT correction required!In technical view BTC create very classical head & shoulder pattern with bearish divergence!
And breakout bearish flag!
BTC:USDT a short question to find the best way....Which trend line will support the bitcoin? Yellow or purple.... or better to ask which one is the right trend line?
write your idea about it...
