Bitcoin has managed to break the lower line of the ascending channel and is moving in a symmetrical triangle.
We can also see the Sell signal between 50_SMA(Daily) and 100_SMA(Daily) in the chart (it is a bearish sign).
I expect Bitcoin to break the lower line of the symmetrical triangle and fall to the targets I have specified in the chart.
Important Support Zone($69,500_$68,820): Monthly Pivot Point//Fib Cluster//100_SMA(Daily)//50_SMA(Daily).
Note: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze (BTCUSDT), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
We can also see the Sell signal between 50_SMA(Daily) and 100_SMA(Daily) in the chart (it is a bearish sign).
I expect Bitcoin to break the lower line of the symmetrical triangle and fall to the targets I have specified in the chart.
Important Support Zone($69,500_$68,820): Monthly Pivot Point//Fib Cluster//100_SMA(Daily)//50_SMA(Daily).
Note: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze (BTCUSDT), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
Comment:
Still valid
Comment:
if BTC is able to break the resistance zone, we can expect BTC can touch the $72000
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