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UnknownUnicorn30893831
May 22, 2022 9:25 PM

BTC bullish scenario in Bear market !!!! RISKY LONG  Long

Bitcoin / TetherUSBinance

Description

#BTCUSDT on daily tf thus forming falling wedge pattern and price is consolidating at the support trendline and 30k (critical Support) If bounce in 4h tf breaking the symmetrical triangle formation to the upside may send BTC to test the 200DEMA which is inline with the upper resistance trendline of the wedge. Losing the 30K level will be anticipated by huge shorts and downward momentum. Levels to watch on breaking down are 23k and 19k.
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