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Technical analysis by TradingZzone about Symbol BTC: Buy recommendation (6/25/2022)

https://sahmeto.com/message/2638838
TradingZzone
TradingZzone
Rank: 9833
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Buy،Technical،TradingZzone

Bitcoin price is about to exit the bearish zone of the Ichimoku cloud (red cloud) and to close above the Leading Span B line which indicates to a bullish movement in the coming days.I expect first a test for the 23k resistance then pullback to the ichimoku cloud Leading Span B line which will act as a support.23k is not a tough resistance and most likely it will be broken very easy. Then Bitcoin will tackle a very strong resistance zone at 29k which is the Leading Span A of the ichimoku cloud on the Daily TF.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$21,216.81
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