pejman_zwin

Can Bitcoin Break the Support Line❗️❓🧐

pejman_zwin Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin seems moving in a descending channel and is currently near the support line.

I expect the support line to be broken and Bitcoin to reach the 🟢support zone($21600-$20940)🟢, the lower line of descending channel, and start to grow from the TRZ (at least to the support line is broken).

You may ask why I say that Bitcoin can break the support line❗️❓

🔆Because of the sell signal created by EMA50 and SMA50.

If the daily candle closes below the SMA50, the probability of the support line being broken by the next day's candle is very high.

Bitcoin Analyze ( BTCUSDT ), Daily time frame ⏰.

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Time frame= 1H

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