Today's focus Bitcoin
Pattern – LH - Descending Triangle
Possible targets – 29,664
Support – 27,200 – 27,000
Resistance – 29,664 – 30,460
Indicator support – MA sloping down
Today’s video analysis is on Bitcoin after yesterday’s drop. Are we seeing a new momentum shift with a new LH or has price started to consolidate in a new price pattern? We have set out a...
Right now not seeing any bearish signs , put there are signs for a potential long trade :
- 3 or more trendwaves down
- Sell offs are getting weaker
- At a significant support area
- Flipzone at 6.3k
