BTC Broken Triangle

Dec 8, 2020

Everything is in graph. BTC dropped from his triangle and found support on EMA50 H4 atm.
it can be a Shakout but have to be carefull.

So if we break this Trendline, i added in the chart some interesting points where we could have a bounce.
no reason to panic for now but if we breakdown 17500ish it could be an alarm to see some more lower prices.

Support 1 : EMA200 H4 : 17500ish
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Support 2 : EMA50 D1 : 16500ish
Support 3 : EMA50 D1 : 14500ish
Support 4 : EMA50 D1 : 12500ish

Happy Tr4Ding and St4y S4fe !

Dec 8, 2020

Note

Zoom in H4 for first support

Dec 8, 2020

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Zoom Out D1

Dec 8, 2020

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to make it simple :

Dec 9, 2020

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H4 last support

Dec 9, 2020

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bounced on H4. not meaning we are not going to visit lowers. stay safe.

Dec 15, 2020

Note

check new chart here. thanks.