Bitcoin (BTC) Is Breaking Out The Longest Resistance In Its History | Next Move Can Be $100K

By moon333 | moon333 | 6 Feb 2021


Hey friends, hope you are well, and welcome to the new update on Bitcoin.

 

On a daily time frame, the price action of Bitcoin is moving between $41500 resistance and $30000 support levels.

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On the 4hour chart, the price action of BTC has broken out the bullish pennant and now re-testing the resistance as support. There are also 50, 100, and 200 SMAs supports.

https://www.tradingview.com/x/znJXbSms/

 

The Bollinger bands on small time frame 4-hour chart is in uptrend.

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For exact buy and sell targets for this trade, and other harmonic trading signals you can join:

https://www.patreon.com/moon333

 

On long-term chart, the price action is breaking out the long resistance line from 2013 to 2021.

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moon333
moon333

Hi, My name is Atif Akbar and I am a trader and trading charts author


moon333
moon333

Hi my name is Atif Akbar and i am trading charts author of different assets like crypto, forex, commodities, CFDs Stocks e.t.c.

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