BTC CHANNEL TARGETS
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...................................................................................................................................................................................
Bitcoin is forming a channel, it will most likely break to he upside because it is a descending channel with 35k as support. If we do so, we will go to the broken support level that is now resistance, 36.5k (golden ratio of the fib) then 37.3k.
On the other hand, if we break to the downside, we will go to 33k and more based on how the market reacts.
I will update you as always.
Support: 35k
Resistance: 36.5k
...................................................................................................................................................................................
What do you think?
Good luck traders,
Not financial advice
Manage risk and leverage
DYOR
NajjarTrading
WHY FOLLOW?
• 4 Years of experience
• Daily trades
• Daily updates
• Best Entry Points
• Important Zones
• TP/SL
...................................................................................................................................................................................
Bitcoin is forming a channel, it will most likely break to he upside because it is a descending channel with 35k as support. If we do so, we will go to the broken support level that is now resistance, 36.5k (golden ratio of the fib) then 37.3k.
On the other hand, if we break to the downside, we will go to 33k and more based on how the market reacts.
I will update you as always.
Support: 35k
Resistance: 36.5k
...................................................................................................................................................................................
What do you think?
Good luck traders,
Not financial advice
Manage risk and leverage
DYOR
NajjarTrading
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