Hi,
Welcome to this analysis about Bitcoin, we are looking at the 2-hour timeframe perspectives. Since Bitcoin has established somewhat of an initial bullish pace it moved on to test important remaining resistances in the structures. Besides that as I discovered now Bitcoin has developed this ascending-channel-formation where it has room to move on further however it will run directly into the remaining upper resistances marked in red where further decisions need to be made and it needs to be shown if Bitcoin manages to stabilize in these regions or firstly sets up to form pullbacks moving to lower levels. Taking all these factors into the consideration it is necessary that Bitcoin holds the lower boundary and does not visit the invalidation zone.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"There are many roads to prosperity but one must be taken."
Information provided is only educational and should not be used to take action in the market.
Welcome to this analysis about Bitcoin, we are looking at the 2-hour timeframe perspectives. Since Bitcoin has established somewhat of an initial bullish pace it moved on to test important remaining resistances in the structures. Besides that as I discovered now Bitcoin has developed this ascending-channel-formation where it has room to move on further however it will run directly into the remaining upper resistances marked in red where further decisions need to be made and it needs to be shown if Bitcoin manages to stabilize in these regions or firstly sets up to form pullbacks moving to lower levels. Taking all these factors into the consideration it is necessary that Bitcoin holds the lower boundary and does not visit the invalidation zone.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"There are many roads to prosperity but one must be taken."
Information provided is only educational and should not be used to take action in the market.
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►✅JOIN THE BEST+ TOP TELEGRAM TRADING CHANNEL: t.me/VincePrinceForexGoldStocks
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
