In the weekly chart, there are two important ranges. The first range is $ , by crossing this range, we can be hopeful for an uptrend formation for the targets of $ 2, to $ 3, Also, if the price crosses the range of $ , it may encounter the Triangle pattern, in which a long corrective movement is predictable and then we expect. BTC USD (Bitcoin / US Dollar) This is the most popular Bitcoin pair in the world. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of Bitcoins is carried out collectively by the network. TradingView India. View live XBT / USDT chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well.
Bitcoin usd chart tradingviewBTCUSD — Bitcoin Chart and Price — TradingView
How does the December is looking? Well if you look careful at my chart, I want you to notice the similarity in the formation of the fractal Price retraced from fast. Facing resistance around I reckon it will test the upper end of this triangle again before brakeout.
As we can see from past ideas, price follows our direction. The previous signal turned out to be very profitable and the price was able to reach the resistance What is there to say, You can see that crypto is definitely trying to break out. I think all i am going to say is this: Money from impatient to the patient. So hold strong, hold religiously if you have to, just don;t shit coin, mkay bro. Really got little to say for Novermeber, as i think most of the action will come down late Novemeber, Crypto have Nice buy opportunity.
Possible falling wedge. BCH bullflag. This is not a Financial advise, just my thoughts. As we can see, our two previous ideas turned out to be profitable as I said. The price followed my direction. As we can see, the level and zone of resistance play the main role in today's idea. Price broken triangle but need to close above green line and same time Green line need to hold as support.. However XRP should stop dumping hard now, the news made it through the whole world, everybody who had to panic panicked already.
Technically we are seeing a diamond on BTC which is a bearish Yesterday BTC aims towards local support orange line. After trying to attempt this support area we started seeing a nice uptrend. This resistance area marks a critical resistance target.
If we close above , we can expect The infamous "Then they fight you" phase started! Merry Christmas. BTC is facing resistance along the 0. Bitcoin hitting top bolinger on 15 min. Also resistance level with many highs on 4hr. Take most of profits here. Most likely will decline back to 35 ema. There is no correction at this moment! I'm waiting that price can continue uptrend. We can open long position as soon as BTC will break nearest resistance. Next resistance Videos only. Will History Repeat itself?
Remember you heard it here first! Breakout Imminent!!! Bitcoin potential breakout from triangle.