Bitcoin Ready for Dump ?
Cập nhật
Bitcoin Descending Triangle Analysis 🔥
The above chart of Bitcoin ( BTCUSDT ) laid out the descending triangle pattern. This pattern is often regarded as a characteristic of a bearish trend . It is formed by the upper trend line that connects the highs and a horizontal trend line connecting lows converges to form a triangle. If the price action breaches the lower support level , the bearish trend would be sustained.
Currently, Bitcoin ( BTCUSDT ) is in the range of $ 19330. If the pattern continues, the price of Bitcoin ( BTCUSDT ) might reach the support levels of $16000, If the trend reverses, then the price of Bitcoin ( BTCUSDT ) may rise to $22800
BTC has recently been subjected to increased selling pressure, owing to a lack of buyers in the current structure. As a result, we can expect BTC to go as low as $16,000 USD. The new entry would be above 22800$ or close to 16000$.
Strong Note : Bitcoin Is Bullish Above Only 22800$.
Happy Trading
The above chart of Bitcoin ( BTCUSDT ) laid out the descending triangle pattern. This pattern is often regarded as a characteristic of a bearish trend . It is formed by the upper trend line that connects the highs and a horizontal trend line connecting lows converges to form a triangle. If the price action breaches the lower support level , the bearish trend would be sustained.
Currently, Bitcoin ( BTCUSDT ) is in the range of $ 19330. If the pattern continues, the price of Bitcoin ( BTCUSDT ) might reach the support levels of $16000, If the trend reverses, then the price of Bitcoin ( BTCUSDT ) may rise to $22800
BTC has recently been subjected to increased selling pressure, owing to a lack of buyers in the current structure. As a result, we can expect BTC to go as low as $16,000 USD. The new entry would be above 22800$ or close to 16000$.
Strong Note : Bitcoin Is Bullish Above Only 22800$.
Happy Trading
Ghi chú
Down 800++ Points
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.