BTCUSD possible support retest Short

Bitcoin / U.S. dollarBitstamp

Description

⋅ Jan 16, 2021 7:03 AM

BTCUSD may retest important support before retracement, retesting upper limit of wedge and continuation of longer term uptrend. Breakout below current falling wedge pattern would confirm longer term downtrend.

Comments

slammersam1

⋅ Jan 16, 2021 3:36 PM

we want bitcoins consolidation here, so when we do rise up we have one hell of a support to lean on come another 30 percent dip.

slammersam1

⋅ Jan 16, 2021 10:59 AM

I'm sorry but bitcoin is creating a support blasting past it

schawin999

⋅ Jan 16, 2021 1:02 PM

@slammersam1 indeed. Looks like that downtrend is busted

slammersam1

⋅ Jan 16, 2021 3:35 PM

@fer9us my guy

schawin999

⋅ Jan 17, 2021 10:38 AM

Trying

importantCode12562

⋅ Jan 16, 2021 10:14 AM

great

schawin999

⋅ Jan 16, 2021 10:48 AM

@importantCode12562 but possibly completely wrong 😂

TRADESBYZION

⋅ Jan 16, 2021 8:38 AM

👏🏾👏🏾👏🏾