Binance Square
LIVE
LIVE
A1 Crypto Trading community
Bullish
--1.3k views
🚨🚨 #CryptoWatchMay2024 IMPORTANT #BTC ANALYSIS....AS WE HAVE CONFIRMED THIS BREAK OUT WE ARE DUE TO SEE A MAJOR MOVE TO 74K 🚨🚨 BTC broke out from the descending line of resistance and we already have a daily candle closed above the line of resistance and in the next few hours the second daily candle will be closing above which acts as extra confirmation for the breakout... Technically speaking we are due to see BTC hit back 74k within the next two to Three weeks which is a technical price target for the falling wadge .... #BinanceLaunchpool #MicroStrategy #BTC_MARKET_UPDATE $BTC Follow A1 Trading community for more

🚨🚨 #CryptoWatchMay2024 IMPORTANT #BTC ANALYSIS....AS WE HAVE CONFIRMED THIS BREAK OUT WE ARE DUE TO SEE A MAJOR MOVE TO 74K 🚨🚨

BTC broke out from the descending line of resistance and we already have a daily candle closed above the line of resistance and in the next few hours the second daily candle will be closing above which acts as extra confirmation for the breakout...

Technically speaking we are due to see BTC hit back 74k within the next two to Three weeks which is a technical price target for the falling wadge ....

#BinanceLaunchpool #MicroStrategy #BTC_MARKET_UPDATE $BTC

Follow A1 Trading community for more

LIVE
A1 Crypto Trading community
--
Bullish
$BTC 🚨🚨 IMPORTANT #BTC ANALYSIS....WE ARE ABOUT TO SEE A MAJOR MOVE TO THE UPSIDE ONCE THIS SIGNAL IS CONFIRMED 🚨🚨

If you're taking a look at the daily bitcoin charts we can see right now that the daily bitcoin RSI is finally attempting a break above the massive descending line of resistance and this line of resistance has been in play over since the beginning of March .. for some months now we have the line of resistance in active similar to what we have seen in the past... and from what we have seen, once the price of BTC breaks the daily RSI resistance we usually see a significant move to the upside over the next couple of months.... If we measure out what played out previously when the BTC RSI break's the descending line of RSI resistance we saw a 80% move to the upside within a range of 4 months and if we look at the second example when btc broke the descending line of RSI resistance we pumped about 70% in 6 weeks ..

So we are looking at this previous experience as an idea of what we can potentially expect in the next 1 to 4 months..and if we see at least 70% move to the upside that will take the price of BTC to 110k within the next four months to come.

follow A1 CRYPTO TRADING COMMUNITY for more insight

#altcoins #BlackRock #MicroStrategy #BitcoinETFs
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Replies 2
Quote 1
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator

Explore More From Creator

--

Latest News

View More

Trending Articles

View More
Sitemap
Cookie Preferences
Platform T&Cs