CobraVanguard

BTC on the way to reach 41K again

Long
COINBASE:BTCUSD   Bitcoin
Hi every one
Bitcoin / U.S. Dollar

BTC/USD has formed descending triangle which means the price should decrease but the pattern is already broken so this means that the price would increase instead
It is expected that the projected price movement be as good as measured price movement so (AB=CD) can happen!
there is also a regular bullish divergence as well that would increase this signals accuracy !

Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.

Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!

Thank you for seeing idea .
Have a nice day and Good luck.

Comment:
Previous Analysis
BTC/USD can increase even in this triangle

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