Hey guys,
We are looking at BTC from 1D chart. Last chart analysis done by use we sow how BTC tried to break out from that Sideways path but failed 3 times. No we see a clean H&S pattern and Rising trend correction as well which both give us a sign that BTC might go down. Only thing that is holding the price at the moment is the Support zone that we have, but there is no big volume at the moment.
The correction is still in the progress and we cant say for sure where we are going at the moment. One thing we know, once we break that support line then we are going into bearish trend.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
We are looking at BTC from 1D chart. Last chart analysis done by use we sow how BTC tried to break out from that Sideways path but failed 3 times. No we see a clean H&S pattern and Rising trend correction as well which both give us a sign that BTC might go down. Only thing that is holding the price at the moment is the Support zone that we have, but there is no big volume at the moment.
The correction is still in the progress and we cant say for sure where we are going at the moment. One thing we know, once we break that support line then we are going into bearish trend.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
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FREE: t.me/SwallowCryptoTeam
