BitcoinLong
BTC IDEA BEFORE HALVING (with estimated direction)
BULLISH PENNANT
(Higher Time Frame)
CUP AND HANDLE
(Higher Time Frame)
Currently we are in a consolidation period and a fake selling zone for potential short term sell.
HIGHER TIME FRAMES
Bottom Trend line Support @ 65360 area (Purple Line)
Top Trend line Resistance @ 70430 area.(Purple Line)
LOWER TIME FRAMES
Support Level @ 67275
Resistance Level @ 68100
Long Term Bullish
Short Term Bearish
If we break out of lower frame support @ 67275 then we could go to 66000 area
If we break out of lower time frame resistance @68100 then we could go to 70430
If we break out of higher time frame @70430 then we could go to new all time high
To 83000 area before or by April 14th 2024
Arrows go in order and are coordinated by colour with price.
Also prices are just an estimated area NOT the exact price on the dot
(Higher Time Frame)
CUP AND HANDLE
(Higher Time Frame)
Currently we are in a consolidation period and a fake selling zone for potential short term sell.
HIGHER TIME FRAMES
Bottom Trend line Support @ 65360 area (Purple Line)
Top Trend line Resistance @ 70430 area.(Purple Line)
LOWER TIME FRAMES
Support Level @ 67275
Resistance Level @ 68100
Long Term Bullish
Short Term Bearish
If we break out of lower frame support @ 67275 then we could go to 66000 area
If we break out of lower time frame resistance @68100 then we could go to 70430
If we break out of higher time frame @70430 then we could go to new all time high
To 83000 area before or by April 14th 2024
Arrows go in order and are coordinated by colour with price.
Also prices are just an estimated area NOT the exact price on the dot
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