Hello
Bitcoin formed a channel as well as a rising wedge
To continue the large upward movement, the price needs to break through the previous support and now there is strong resistance at $ 11,100
At the moment, I see a rising wedge and a local trend line that can drive the price to the level of 10750-10950, where you can open a short trade.
Local support at 10100 -9950
Next level 9200
This is just my opinion, and is not a call to action)
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Bitcoin formed a channel as well as a rising wedge
To continue the large upward movement, the price needs to break through the previous support and now there is strong resistance at $ 11,100
At the moment, I see a rising wedge and a local trend line that can drive the price to the level of 10750-10950, where you can open a short trade.
Local support at 10100 -9950
Next level 9200
This is just my opinion, and is not a call to action)
Looks good? Leave a like, share and leave a comment.
Thanks for visiting.
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Related publications
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.