I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
Hello, welcome to this BTC /USDT daily chart update by CRYPTOSANDERS.
Welcome community members in this post, I’ll be going through with BITCOIN’S DAY chart analysis.
As we can see in the above-mentioned chart that BTC dropped more % after breaking the falling wedge pattern and trading above the lower support line.
As you can see the yellow spot marks which represent the fakeout where btc broke the triangle pattern and got back inside the triangle.
Just like before I am expecting that in the current scenario is also a fake-out and it can get back inside the wedge pattern we just need to wait for the daily closing.
If BTC is unable to sustain the lower mid support then lower support will be the most crucial support which BTC needs to must hold to stay bullish in the daily time frame.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
Hello, welcome to this BTC /USDT daily chart update by CRYPTOSANDERS.
Welcome community members in this post, I’ll be going through with BITCOIN’S DAY chart analysis.
As we can see in the above-mentioned chart that BTC dropped more % after breaking the falling wedge pattern and trading above the lower support line.
As you can see the yellow spot marks which represent the fakeout where btc broke the triangle pattern and got back inside the triangle.
Just like before I am expecting that in the current scenario is also a fake-out and it can get back inside the wedge pattern we just need to wait for the daily closing.
If BTC is unable to sustain the lower mid support then lower support will be the most crucial support which BTC needs to must hold to stay bullish in the daily time frame.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
