BTCUSDT Morning Update

Let's talk about BTC (Bitcoin). BTC needs no introduction everybody know what it is. So lets come to the point TA

Technical Analysis

So Bitcoin is doing some bullish moves since past week (Forming Ascending Wedge). Ascending wedge which is a highly bearish pattern I put Ascending wedge target on the chart which is my primary count I also see the possibility of inverse Head&Shoulder. So there is 2 scenarios which i put on the chart I hope it will help u guys.

INDICATORS

1. RSI is too much high (bearish signals)
2. Stochastic signals Bearish trend ahead
3. Bearish Pattern formed (Ascending Wedge)

CONCLUSION

The conclusion is that BTC will correct from here & alts will continue bleed. It can be either a Head&Shoulder pattern Or The ascending wedge. Let's see how it goes.

Thanks guys for looking into don't forget to leave a like.

THANK YOU FOR YOUR SUPPORT

Trade ist aktiv

Trade ist aktiv:

Daily Candle Closed Formed A Hammer Candlestick (Bearish Indication)

Trade ist aktiv:

Breakout Is happening

Kommentar:

Breakdown

Trade ist aktiv:

Looks like we are going to test the neckline before falling

Trade ist aktiv:

As u guys saw price reached the neckline though indicators are positive i'm expecting a correction form here on

Trade ist aktiv:

ITS DOING BEAR WICK

Trade ist aktiv

Trade ist aktiv

Trade ist aktiv:

We are going down to 7900 Region

Trade ist aktiv:

Bitcoin Turning Bullish

Trade ist aktiv:

And the buying order hit it is still in our buying zone feel free to buy and reload