BTC/BUSD (Nearing Triangle Apex)

BINANCE:BTCBUSD   Bitcoin / Binance USD
💎Technical Analysis Summary💎


-Bitcoin is rejected for the 3rd time by 100MA & 50MA on the daily time frame
-Price action is technically bearish with the confluence of the descending trendline resistance
-This trend line is also respected 3 in a row and the price is back at the critical support region
-The price is nearing the apex of this triangle pattern
-Expecting a market direction break in the next few days
-I made good profits last month, and I am not going to return it back
-Be careful everyone & always follow proper risk management

Telegram Channels
➡️ t.me/kryptosignalschat
➡️ t.me/kryptosignaltrade
➡️ t.me/KryptoSignalsTrade
➡️ t.me/PolarHusk

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.