Bitcoin price analysis: technical targets in BTCsteemCreated with Sketch.

in Daily Crypto Updates • 3 years ago

The biggest crypto money with its market value continues its course at the level of 38-39 thousand dollars. As we move towards the weekend, what is the technical outlook in Bitcoin, will the rises continue?

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Bitcoin: BTC/USDT
After the neckline of the TOBO formation, which we mentioned in our previous analysis, was broken, he made a Throw Back and retested the neckline. At the same time, the 4-hour Oblique Support level and the Resistance – Support transformation formed in this region also created a Cross region. As long as this strong support is not broken by a bearish volume candle, the uptrend will continue. If the 41330 resistance is broken, the target of the TOBO formation, 43130, can be followed. If our price action continues, it can move up to 44580, which is the level of the Harmonic CRAB Pattern formation.

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3 years ago in Daily Crypto Updates by
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