Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Recently price broke through the $79500 zone after a long phase of flat consolidation and sharp shakeout.
Once bulls reclaimed control, price formed a clean breakout and started building structure inside a wedge.
Momentum carried the price upward, with buyers defending each local dip and creating a stair-step rise.
Now BTC is moving steadily inside the wedge pattern, holding the lower trendline with no strong rejection.
Price is slowly grinding toward the key resistance around $88500, where volatility might return.
If this tempo holds, I expect BTC can grow higher and tag the $91000 points in the next impulsive leg.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price broke through the $79500 zone after a long phase of flat consolidation and sharp shakeout.
Once bulls reclaimed control, price formed a clean breakout and started building structure inside a wedge.
Momentum carried the price upward, with buyers defending each local dip and creating a stair-step rise.
Now BTC is moving steadily inside the wedge pattern, holding the lower trendline with no strong rejection.
Price is slowly grinding toward the key resistance around $88500, where volatility might return.
If this tempo holds, I expect BTC can grow higher and tag the $91000 points in the next impulsive leg.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Trade active
Very well! BTC exited the wedge and now trades near the support line of this pattern. I expect it to continue to move up.Trade closed manually
BTC started to decline.
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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.
💎 We are provide daily Crypto and Forex (include Gold) signals.
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
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.