BTCUSD what happen after breaking descending channel (🚀) ?

Mar 27, 2021

We talked about descending channels and ascending channels importance and we share educational post about them on Ethereum and calculate the previous fall too :

now Bitcoin once again is creating descending channel and the question here is this that if breakout happen what is expected target and why ?
for sure one important thing needed for rise is breakout and retest conformation and then huge rise expected short-term target based on Fibonacci is :
Target :
A.67000 $
this patterns usually are seen when great movement need some range or rest and then again start of Falling or Rising

Notice :
1.breakout can happen now for example today or like green path in upcoming days
2.consider bearish scenarios that we shared or expected ,too

DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


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comment below and share your ideas that used this patterns .

Mar 28, 2021

Note

new update of bitcoin is out: