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sadmark
Aug 14, 2022 6:17 PM

Bitcoin's correction targets Short

Bitcoin / TetherUSBinance

Description


Bitcoin after breaking down its ascending trend-line (dashed one) it's highly likely to move downward and touch its target box showed on the chart.

  • the first box ranges from 23800 to 24000

  • the second box from 23400-23600


the second one is kind of more important as it acts like a neckline for a double-top pattern. missing that could end up breaking the green strong support line on the chart. I hope it supports us again.

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Comments
simpsonepic1a
Please watch crypto trader he has been trading before you where all born!!!
He says massive rising wedge slamming into resistance...BTC to bottom at 14k!!!
Looks more than likley.If you want to risk your time and money in the whales feeding frenzy go for it!!
Last drop to 300MA one long candle bounce!!!
This is where the big money is made!!!😁👍
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