BTC on verge of breakout, huge movement ahead !
BTC / USDT
Price came to the end of giant descending triangle pattern which mean a huge breakout soon
What can we see in chart ?
Price is trading in prolonged consolidation and there are 2 tight ranges :
Smaller range (blue) :18.2k and 20K
Wider range (yellow) :17600 and 22500
I interested more about the wider range because it will have more accuracy and a less chance to be faked out
If major resistance broken, Next midterm targets 25K-28K-33K
If major support broken down Next midterm targets 16k-14k-11k
Dont try much short here, its very risky as we can see multiple fake-out/wicks before the valid breakout...Instead of that try to accumlate strong coins(which have a future uses) at the huge discounts
Do you agree ?
I wait your opinion in comments section below ⬇️
Price came to the end of giant descending triangle pattern which mean a huge breakout soon
What can we see in chart ?
Price is trading in prolonged consolidation and there are 2 tight ranges :
Smaller range (blue) :18.2k and 20K
Wider range (yellow) :17600 and 22500
I interested more about the wider range because it will have more accuracy and a less chance to be faked out
If major resistance broken, Next midterm targets 25K-28K-33K
If major support broken down Next midterm targets 16k-14k-11k
Dont try much short here, its very risky as we can see multiple fake-out/wicks before the valid breakout...Instead of that try to accumlate strong coins(which have a future uses) at the huge discounts
Do you agree ?
I wait your opinion in comments section below ⬇️
