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Thursday, June 10, 2021

BTCUSD Long it

BTCUSD Long it

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

Greetings Traders this is my analysis for Bitcoin and it is Long .

As we can see on the chart Bitcoin had a downtrend movement last week witch has formed a right and left shoulder with a downtrend head.

After that a Downtrend movement it has a continuation and it has formed a triangle.

In this case we can see that the price after that downtrend is preparing for another possible Uptrend Movement.

And that is if it breaks the key level 38k we will see a future uptrend movement.

Traders make your own analysis before trading

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from TradingView Ideas
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