Bitcoin can exit from pennant and then start to grow

1月8日

Hello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price a few moments ago broke the resistance level, which coincided with the seller zone and continued to move up next. Price rose to 108300 points (New ATH) and then started to decline in a triangle. In a short time, BTC fell to the 101800 level, broke it again, and then made a retest, after which continued to move down. Later, the price fell to the support level, which coincided with the buyer zone, and then bounced up, but soon turned around and declined back to the 93400 level. Then BTC turned around and rose to the resistance line of the triangle and then started to fall to the buyer zone. After it reached this area, the price some time traded inside and then rebounded up, thereby exiting from the triangle and continuing to grow in the pennant. In a pennant pattern, Bitcoin rose to the seller zone, after which it turned around and dropped to support line of this pattern. Recently it rebounded and now I expect that BTC can fall a little more, even exit from pennant, and then turn around and start to grow. For this case, I set my TP at 99000 points. Please share this idea with your friends and click Boost 🚀

7天前

交易开始

Well, the price fell to the support level, exiting from the pennant, so, now I think BTC can start to grow.