trieutv

Fake Breakout | Reversal Pattern

Short
trieutv Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
On day chart

Bitcoin has soared and plunged with high volatility in range $45,8xx and $41,000
Bitcoin has important support at $40K and Supply Zone around $47K that's why Bitcoin's dropped
With the last bullish candle has upper long wick, I think this is a Fake Breakout and it can create Reversal Pattern #HeadShoulders to pull Bitcoin back to $35K

Wait and see confirmation to trade
Comment:

Breakdown is beginning for Short Position to $35K
Comment:

Happened
Now, wait for retest to open Short Position
Comment:

Wait for declined FVG or Resistance around 43K

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