Hello guys!! Hope you all are good. Recently I'm very inactive in sharing my ideas in tradingview because this update of tradingview discouraging me to share my ideas. Earlier time, in tradingview the latest ideas was being shown at the top. So that my ideas reached to many tradingview members. But now Popular ideas are shown at the top. If you want to see the latest ideas you have to set it manually. For this new ideas are not shown to new members. As a result i Don't get response of my ideas as i got earlier. So this is very discouraging imo. Anyways Let's see today's idea.

You can see my idea on the chart. Strong support is around 28K. In coming days,in 18th July GBTC is going to release a big amount of BTC which may cause for a sudden dump. And in 22 July Elon Mask has a meeting with jack. Any bad tweet from him Again can cause of BTC falling. Currently BTC is being traded around 33.5K. Above 40K BTC is Bullish. Below 28K BTC is bearish. Strong support is around 28K. And BTC is running under a descending Channel and Falling wedge. It can follow Falling wedge imo. If it follow falling wedge,which path it will follow i have shared on the chart. And this path is also looks same as wickoff chart.

So this is my idea. Trade safe. And sorry for being inactive in sharing ideas.

Disclaimer

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.