BTC/USDT #Binance #TA #tradingview
1D Hollow Candlesticks
🔗 https://www.tradingview.com/chart/BTCUSDT/QMTy5paw-BTC-USDT-Binance/ 🔗
After a price correction, a support area results from extending the golden ratio of the last Fibonacci retracement.
Also, there are multiple resistance levels, with the price needing to break $73.777 to move higher.
A symmetrical triangle chart pattern has been formed, as it is a period of consolidation before the price is forced to break out or down.
A breakdown from the lower trend line marks the start of a new bearish trend, while a breakout from the upper trend line indicates the beginning of a new bullish trend.
Since the starting of the previous bull run, a resized fractal (bar pattern) show a possible price movement.
In a long run, a forecast indicator shows a target at 100K.
Market Cap: $2.32T -1.02%
24h Vol: $34.73B -4.50%
Dominance: BTC: +54.3%
ETH: +18.1%
Good Luck
CryptoHellas Team
