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cryptorider633
May 16, 2022 4:26 PM

BTCUSDT DAY CHART UPDATE 

Bitcoin / TetherUSBinance

Description

Hello friends,
Welcome to our BTCUSDT DAY CHART update.
As we are seeing in the chart how is the HEAD AND SHOULDERS pattern forming.
Which is a BEARISH sign.
200D SMA is working as resistance.
On estimating the chart, we can see that the Price may fall by up to 50%.
The price currently at level 1. If the Price declines the price may touch level 4.
Comments
danlee0
in fact 2 left shoulders, also the one formed bij the 2020 bullrun.
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