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MonoCoinSignal
Nov 28, 2022 4:14 PM

There is still a chance that Bitcoin will break major support! 

Bitcoin / TetherUSBinance

Description

Bitcoin dropped sharply yesterday, with its price breaking the triangle pattern (in the 4-hour time frame) to close to the $16,000 range. The angle of hitting the support is very high, and there is still a possibility of a further price drop and the price hitting at least the $15,900-$15,720 range. In the 1-hour period, the Bitcoin trend has decreased by breaking the support range of 16,280 to 16,380 dollars. Therefore, the return and pullback to this resistance can cause the price to decrease again. The positive reaction, if seen on the support levels, can only be short-term and volatile, and there is still a possibility that Bitcoin will break the important support.
Comments
ProSignalsFx
Thanks!
TopTradingSignals
We think the same way!
Michael_Winner
Nice btc idea, I think price likely will test this support level before movement
UnitedSignals
Good market breakdown!
SignalProvider
Agree with you!
Gold-Tech
Interesting. Competent analysis. Thank you
AtlasTrades
I think you are right my friend for BTCUSDT
farhadzng077
up btc 📈
YMGroup
Very nice work, I also have the same opinion for BTCUSDT
Solldy
That's a great idea! In the current situation, an asset is not very predictable, so thank you very much for posting!
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