BitcoinLong
BITCOIN GOING TO 16500 !!?? - BITCOIN LONG
Before I explain my analysis just know I don't specialise in Crypto and am not too good haha, this is just my idea and if I have made any mistake please let me know, thankyou.
Going to keep it simple here, as you can see price has seen a descending resistance along with a support which has previously acted as a resistance. Price has broken up from the resistance and has come back to retest. I have kept my TP1 and TP2 at previous highs where we could see some resistance, however I believe we can easily break this target and push to 16000 then easily to 16500. R&R on this is over 7 which is amazing and it won't hurt to place ahaha as I want to start trading cryptos. I also believe that BTC will be long for the long run and should keep going up, This is as BTC is the king of cryptos and the market value is bigger than fking silver!! hahah hopefully this is enough ahah and again I do not do cryptos and am not that good at explaining but this should go up :D
Going to keep it simple here, as you can see price has seen a descending resistance along with a support which has previously acted as a resistance. Price has broken up from the resistance and has come back to retest. I have kept my TP1 and TP2 at previous highs where we could see some resistance, however I believe we can easily break this target and push to 16000 then easily to 16500. R&R on this is over 7 which is amazing and it won't hurt to place ahaha as I want to start trading cryptos. I also believe that BTC will be long for the long run and should keep going up, This is as BTC is the king of cryptos and the market value is bigger than fking silver!! hahah hopefully this is enough ahah and again I do not do cryptos and am not that good at explaining but this should go up :D
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