I am following BTC/USDT and so far we have two options:
1. Price breaks the current triangle and past resistance level around 17150 and we go to target one, which I expect to be around 18000, or;
2. The price touches the triangle and past resistance level and will go down to form a "head and shoulder" pattern, which means we will see a bearish movement. First support level is around 15300.
Hope to see some bullish movements this afternoon, trend lines look bullish!
*Please comment on my chart and assumptions as I am always open to learning from feedback!
*BTC DONATIONS ALWAYS WELCOME: 16krV5FtyfmX4yxNEj5JArPqpEyGPDPZkw
*You are the decision maker in your trading, I cannot be held responsible for your losses.
1. Price breaks the current triangle and past resistance level around 17150 and we go to target one, which I expect to be around 18000, or;
2. The price touches the triangle and past resistance level and will go down to form a "head and shoulder" pattern, which means we will see a bearish movement. First support level is around 15300.
Hope to see some bullish movements this afternoon, trend lines look bullish!
*Please comment on my chart and assumptions as I am always open to learning from feedback!
*BTC DONATIONS ALWAYS WELCOME: 16krV5FtyfmX4yxNEj5JArPqpEyGPDPZkw
*You are the decision maker in your trading, I cannot be held responsible for your losses.