BTC/USDT: FALLING WEDGE PATTERN BREAKOUT!!
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I have tried my best to bring the best possible outcome in this chart, Do not consider it as FINANCIAL ADVICE.
#BTC UPDATE
Eventually, #BTC broke out this falling wedge pattern, currently on the resistance of 38.9k level. We can accept a bounce from here up to the 42k level but it will be better if it retests this pattern.
LET'S SEE HOW THE 4 HOURS CANDLE CLOSES
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as FINANCIAL ADVICE.
#BTC UPDATE
Eventually, #BTC broke out this falling wedge pattern, currently on the resistance of 38.9k level. We can accept a bounce from here up to the 42k level but it will be better if it retests this pattern.
LET'S SEE HOW THE 4 HOURS CANDLE CLOSES
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
As per my previous BTC chart, BTC bounced from 38 900k support level and currently, it is lying on 100ma support here we have two scenarios.
First scenario: As I said it is lying on 100ma support so we can abound from here up to 42k level.
Second scenario: If any four hours candle closes below this 100ma support then we can accept a retest up to 38900 K level.
Let's see how the market reacts in a few hours.