Hello traders, BTC / USD is in a bearish movement with buying volume made.
It came out of a descending bevel but failed on the resistance.
Strong possibility of making a pull back on the weakest MA and a return to its support or even a breakout.
Otherwise just a rebound on this level to start again on the next resistances before testing the resistance trendline on which we stumble since its big correction.
This advanced scenario is really short term in the event of bulls returning to long positions.
These are not investment advice but usage recommendations.
Thank you for taking the time to read my analysis.
Hope you enjoyed it.
Comment on your ideas in the description space.
Please like and follow, thank you.
It came out of a descending bevel but failed on the resistance.
Strong possibility of making a pull back on the weakest MA and a return to its support or even a breakout.
Otherwise just a rebound on this level to start again on the next resistances before testing the resistance trendline on which we stumble since its big correction.
This advanced scenario is really short term in the event of bulls returning to long positions.
These are not investment advice but usage recommendations.
Thank you for taking the time to read my analysis.
Hope you enjoyed it.
Comment on your ideas in the description space.
Please like and follow, thank you.