BITCOIN BROKE DOWN RISING CHANNEL, TRADING PLAN IS CHANGED
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Today I want talk with you about BTC chart.
My previous trading idea with rising channel and falling wedge is invalid.
As you can see price broke down support line at 38k and not trades around 32k.
At this moment what I can say, bitcoin in bad humor.
Current resistance zone is 33500-34500 around 34k resistance level.
And next support zone 31000-29000, so my plan is next.
I think btc can make pullback/correction to resistance zone around 34k
And after pullback continue to fall and touch support zone 31-29k
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 !
Today I want talk with you about BTC chart.
My previous trading idea with rising channel and falling wedge is invalid.
As you can see price broke down support line at 38k and not trades around 32k.
At this moment what I can say, bitcoin in bad humor.
Current resistance zone is 33500-34500 around 34k resistance level.
And next support zone 31000-29000, so my plan is next.
I think btc can make pullback/correction to resistance zone around 34k
And after pullback continue to fall and touch support zone 31-29k
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 !