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Oracle_Systems
Sep 26, 2021 5:03 PM

#BTCUSDT Posible Bearish Triangle formation? 

Bitcoin / TetherUS PERPETUAL CONTRACTBinance

Description

Today #BTCUSDT has give hope to us a litle bit today but it was still on the downtrend.
There is 3 poısible options now for Bitcoin;
1 - The price can go till resistance zone and after that go sideways formed a channel between 42,300 usdt and resistance zone.
2 - There will be a surprise if the resistance is broken and price will try the 50,000 usd again.
3 - Most posible scenario is a bearish triange formation , if this happens the price can decrease till 36,500.
We put a bearish triangle image on the chat just for information.

The cirtical point of this analysis is not the resistance but the 42,300 ~ 40,000 support zone...

Good luck and dont fortget to use stop loss on your trading.
it was a publishment with educational purposes , it was not a investment advice.

Comment

The moon is falling ...

Trade closed: target reached

TP1 reached waıtıng for TP2 and after that deal will be closed..

Comment

TP2 reached position closed.
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