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Michael_Winner
Aug 5, 2022 1:26 PM

Bitcoin can decline to bottom part of rising channel Short

Bitcoin / TetherUSBinance

Description

Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in comments, we will try to answer for all, thank you guys.

As we expected in our previous ideas bitcoin fell down from 24k to below 23k.
And last few days price trades in accumulation zone on support/resistance level 23000 usd.
I think price will exit downward from this accumulation and will continue to decline.
Target for short is 21500-21000 usd to bottom part of channel.
So, I think bitcoin for now will continue decline.
Also feel free to check my previous idea in which I wrote that bitcoin will grow and this happened.


I expect this scenario, so be prepare for next movements.
Thanks for your time, we hope our work is good for you, and you are satisfied, wish you a good day and big profits.
Comments
Michael_Winner
Be free to ask any your question here in the comments.
likelyjockey
@Michael_Winner Any idea for WABIBTC its up now
UnitedSignals
I agree with your technical outlook!
PRO_SMART_Trader
Pretty detailed analysis. thanks
AtlasTrades
Great work my friend! I most likely BTC/USD
YMGroup
Great work for Btc/Usd! I think it will go down then up for sure
ArmanShabanTrading
This is amazing Michael ❤️
HurricaneCapital
hm...
HurricaneCapital
@TornadoCapital, Not bad. Like
Research my plan -
SignalProvider
Definitely short!
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