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MMBTtrader
Dec 12, 2021 2:49 PM

BTCUSD can pump hard after breaking Descending channel here ย Long

Bitcoin / U.S. dollarBitstamp

Description

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As we can see in lower timeframes like the 4H price is in Descending channel and it is falling:


but if the resistance of this channel breaks with high volume as confirmation or with valid retest we can expect more rise and gain here for BTC like green arrows on the chart.

Notice: only if 40K support break market is again bearish and price can fall more to 35K--30K.

DISCLAIMER: ((trade based on your own decision ))
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Comments
Viktortea
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This is my idea, BTC will drop to 40-42K again, we should wait and observe price's action at this area
dianaelena27
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@Viktortea, we will go up to 48-49 and then we will go Lower again 35-38k
CryptoTitans1
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Appreciated
That's what i think too
Also watch this
zootopiabtc
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@CryptoTitans1, thats good!! i agree!!!!!
geekpe
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that happen if not break....
meroereyra
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I like your job. well done. Thank you
BTCINVESTING
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i expect the same. thx for your chart ... :-)
Scharstellar
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MadWhale
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here is my view
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