shahabs2004

BTCUSDT a simple Analyze

shahabs2004 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
structures within each other
These three structures have reached a common point.
$ 55,500 is a very important point.
Breaking the intersection of the two identified Channels could lead to a drop to $ 40 ,000.
Closing the candlestick today above $ 55,500 could be the beginning of a bitcoin price reversal trend.
Bitcoin strong support is over $ 40 ,000. If this support is lost, the price can drop to the next level of support
what is your opinion ?
Comment:
Same Pattern
will happen again ?>yes>another fall
Comment:
Comment:
If this is a bearish frame then breaking the bottom side of it can be another price drop.
take a look at first Comment
Comment:
Trade closed: target reached:
Perfect....
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.