YMGroup

WHAT INTERESTING DO YOU SEE ON BITCOIN CHART ?

Long
HTX:BTCUSDT   Bitcoin / Tether USD
Hello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start.

Today I want talk with you about Bitcoin.

Before reading description I have a question for you guys, I want ask you what do you see now on BTC chart ?
Please write your answers in comments below, I'm really interesting does at least anyone see what see i'm :)

My own opinion.

I want show you strong support level 40,000 USD and strong support zone 42-40k.

As you all see this level and zone was broken, but...

In my opinion is fake breakout and very soon price will back above 40-42k.

Because of one pattern, probably do you think that this is Head & Shoulders, but...

This is falling wedge on BTC chart if you look at the right side of the graph you will see it, I left it there with a barely noticeable outline.

I hope you know that falling wedge is bullish pattern and soon we will see upward movement.

So, I'm waiting for this scenario.

This is my opinion, I really hope this will be useful for you.

Be ready and take care your money. Have a great profit !
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.