💎Technical Analysis Summary💎
BTC/USD
-The bounce from the support trendline 4 days ago is still valid
-BTC is playing around 60k dollars but having difficulty passing 61k resistance
-If we will follow the end of this triangle pattern, there is still 4-6 days of trading left
-The time is running out for the bulls, they must clear the resistance as soon as possible
-Otherwise, the bears might enter the market and seize the oppurtunity to break its trendline support
-I'm expecting a sharp drop down to the 50D MA area
-But if the bulls continue their trend, I think it can go to 70k dollars next target
-And many altcoins will follow Bitcoin's path to new higher high
-Very crucial week for the overall market, please always protect your capital
-Good luck and stay safe everyone!
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
BTC/USD
-The bounce from the support trendline 4 days ago is still valid
-BTC is playing around 60k dollars but having difficulty passing 61k resistance
-If we will follow the end of this triangle pattern, there is still 4-6 days of trading left
-The time is running out for the bulls, they must clear the resistance as soon as possible
-Otherwise, the bears might enter the market and seize the oppurtunity to break its trendline support
-I'm expecting a sharp drop down to the 50D MA area
-But if the bulls continue their trend, I think it can go to 70k dollars next target
-And many altcoins will follow Bitcoin's path to new higher high
-Very crucial week for the overall market, please always protect your capital
-Good luck and stay safe everyone!
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
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