TradingView
Market_Geometry
May 4, 2021 5:55 PM

BTCUSD may downfall to further 43000 after triangle breakdown Short

Bitcoin / U.S. dollarBitstamp

Description

BTCUSD has given Triangle breakdown, Already reached 47000 , after bounce back taken resistance and further may go 43000 as per triangle pattern.
Everything has been explained in chart.
SL-56800

Trade active

Target yet to achieved at least 44000 should come
Comments
avsdurgavishal
damn this is one of the accurate predictions out there. thanks man!
Market_Geometry
@avsdurgavishal, welcome , check out the 2nd Target, strong demand zone 43000~46000, reached up to 45700 and bounced back but expected come down once again up to 43000~44000 at least
imtiazahmed9341
@Market_Geometry, Is it going to go down further till 40 or 35k?
Market_Geometry
@imtiazahmed9341, not immediately but if 42k~43k breaks may come up to 38k
More