BTC LTF UPDATE! BEST POSSIBLE SCENARIO FROM HERE!!
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Welcome to this quick BTC update. BTC is still holding pretty well. The bulls are in complete control here. Let's find out what's the next possible scenario from here.
BTC is forming a falling wedge-like structure in 1hr time frame. We have strong support in the $22.3k-$22.5k range. As long as BTC holds this zone we can expect another touch to the $23.4k level.
After hitting $23.4k we might see a significant rejection but all that depends on how the price reacts there. Will post this scenario in our next update when BTC reaches there.
Invalidation:- Breaks and closes below $22.2k is invalidation for this bullish scenario.
What do you think about this?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
Welcome to this quick BTC update. BTC is still holding pretty well. The bulls are in complete control here. Let's find out what's the next possible scenario from here.
BTC is forming a falling wedge-like structure in 1hr time frame. We have strong support in the $22.3k-$22.5k range. As long as BTC holds this zone we can expect another touch to the $23.4k level.
After hitting $23.4k we might see a significant rejection but all that depends on how the price reacts there. Will post this scenario in our next update when BTC reaches there.
Invalidation:- Breaks and closes below $22.2k is invalidation for this bullish scenario.
What do you think about this?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
