PolarHusk

BTC/BUSD (Nearing Triangle Apex)

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


BTC /BUSD

-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

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