Bitcoin ($BTC) Corrective structure in short term? We'll see...

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BTCUSDT Perpetual Contract (BYBIT:BTCUSDT.P)

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BYBIT:BTCUSDT.P BTCUSDT Perpetual Contract

trendanalysis chartpattern waveanalysis bitcoin bitcoinforecast btcusd btcusdshort bitcoinprice cryptocurrency crypto cryptotrading cryptotrader

Hi everyone!
If we look at our analysis on the daily chart (see chart below), the price action has reached a very important resistance area (trendline). Having said that, returning to our intraday chart, we see that the bullish structure may have completed, or almost completed, its development. Some reversal pattern should appear from one of these areas, let's wait.

DAILY ANALYSIS
(click and Play chart below)

💥Bitcoin : Support area approach in short term

If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below.
thanks for your attention and please... trade with care! 💖

Comentarios:

Comentarios:

no reversal pattern, yet....

Comentarios:

no reversal pattern, trend still remains bullish

Comentarios:

...at the support zone

Comentarios:

...at the resistance area

Comentarios:

no reversal pattern yet

Comentarios:

still bearish? 😀

Operación cerrada: objetivo alcanzado:

Target 1 hit ! 💗

🔔 2024 Forex Long Term Analysis:
🌐 anonymousbanker.org/
🥇 Crypto Exchange:
🌐 bit.ly/CryptExchange

Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015

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