#BITCOIN BEARISH ALERT
Market Status: Bearish
Key Observations:
Pattern Breakdown: Bullish Pennant formation has been compromised.
Trend Line Status: Currently trading below the key trend line.
Targets: $50,000
Condition:
This target is set under the condition that #BTCUSDT remains below $65,500.
Keep a close eye on the price movement. A sustained position below $65,500 could confirm the bearish momentum towards our target.
Stay tuned for further updates!
BTC #Cryptocrash
Market Status: Bearish
Key Observations:
Pattern Breakdown: Bullish Pennant formation has been compromised.
Trend Line Status: Currently trading below the key trend line.
Targets: $50,000
Condition:
This target is set under the condition that #BTCUSDT remains below $65,500.
Keep a close eye on the price movement. A sustained position below $65,500 could confirm the bearish momentum towards our target.
Stay tuned for further updates!
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.