TahaZargar

BTC will breakout the $44,500 resistance this time!

לונג
BINANCE:BTCUSDT   Bitcoin / TetherUS
As you can see, Bitcoin is moving in a strong uptrend channel in the 4H time frame since 14 March, So this time I expect to see a breakout of $44,500 resistance.

Bitcoin's bulls are so strong at the moment BUT before any breakout of mentioned resistance, A correction will happen.

This correction can last up to $43,000 area, After that, and when the price was located at the bottom of the channel, I expect to see a breakout of short-term descending trendline and after that, a breakout of $44,500 resistance.

Feel free to write your comments here, I'll answer all of them.
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.