🚨Bitcoin will Fall by Failed Falling Wedge Pattern🚨

❌Bitcoin failed to break the 🔴Resistance zone($65,700-$67,520)🔴.

📈From the point of view of Classical Technical Analysis, the Failing Wedge pattern failed, and since if the reversal pattern fails, the pattern will have a continuing role, the Bitcoin fall is still expected.

🔔I expect Bitcoin to continue its downward trend after the rise to the lower line and 🟡Potential Reversal Zone(PRZ)🟡again.

❗️⚠️Note⚠️❗️: If Bitcoin touches $65,500, the bullish scenario can change, I will talk about the importance of this number in the next posts.

❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.

Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.

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Kommentar:

I took my profit from this analysis and PRZ worked well for short position, as long as Bitcoin doesn't break above the resistance zone, there is still possibility of fall.