BTC / USDT
BTC bounce up from trendline Support which i mentioned before in my last analysis
Now we can see momentum green candle broke out The 3rd falling wedge in this triangle pattern
All we need is this 4h candle to close like that for more confirmations
Next target should be test around 38k-39k again as first resistance And if breakout will test strong resistance between 41k-42k as 2nd resistance
*Invalidation for this idea breakdown recent low at 34800
Dont forget to like my ideas for more good calls and analysis
BTC bounce up from trendline Support which i mentioned before in my last analysis
Now we can see momentum green candle broke out The 3rd falling wedge in this triangle pattern
All we need is this 4h candle to close like that for more confirmations
Next target should be test around 38k-39k again as first resistance And if breakout will test strong resistance between 41k-42k as 2nd resistance
*Invalidation for this idea breakdown recent low at 34800
Dont forget to like my ideas for more good calls and analysis
Comment:
pattern brokedown ... Last update (alert) about low volume was right ...move to new updates about market soon 🔜
be flexible and patient ...best of luck
be flexible and patient ...best of luck
So if you have alot of opened positions make sure you use stoploss at entery ..BTC still in critical area (just to take care)
There is another scenario if we breakdown this triangle pattern:
price can visit 30k or may be even lower but most important thing is the weekly candle close to be above 30k