BTC IS READY TO GO FOR 60k, IF?

22 мар. 2022 г.

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#BTC/USDT ANALYSIS

It broke out symmetrical triangle and currently trading below the horizontal resistance. MACD crossover is showing bullish momentum. We've to wait for a sustained breakout above horizontal resistance to further confirm its bullish move.

BTC need to close the daily candle above the upper level of this symmetrical triangle.


Let's see how the market reacts in few hours.

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22 мар. 2022 г.

Заметка

BTC is breaking out from a descending channel in 2hr time frame. It also made a bull flag-like structure inside the descending channel where the bull flag is already broken out.

So far BTC looks strong and I'm expecting it to reach 45k-46K resistance soon.

Invalidation level:- If BTC again breaks and closes below 40.5k then this chart becomes invalid.