Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC/USDT update. In my previous analysis I told you that BTC can bounce from $38k but it didn't hold the $38k level and breaks down the falling wedge pattern. Sorry for your losses and I have no shame to accept my mistakes. I know many of you are in heavy losses but can't do anything and this is how the market works.
I just want to say that don't give up guys sooner or later we definitely see a good and green market just don't give up now. Be patient. Billions are not built in a day.
Now let's get to the chart. BTC is breaking down the falling wedge in daily time frame. After the recent crash there is still no good buying pressure yet. So we might go even lower. However $35k-
36K is still holding and a good support till now but we have to wait for the weekly close.
If weekly close below $35k then our next and last hope is $30k. Now let's wait and watch. Wait for the weekly close and then we see what happens.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Welcome to this BTC/USDT update. In my previous analysis I told you that BTC can bounce from $38k but it didn't hold the $38k level and breaks down the falling wedge pattern. Sorry for your losses and I have no shame to accept my mistakes. I know many of you are in heavy losses but can't do anything and this is how the market works.
I just want to say that don't give up guys sooner or later we definitely see a good and green market just don't give up now. Be patient. Billions are not built in a day.
Now let's get to the chart. BTC is breaking down the falling wedge in daily time frame. After the recent crash there is still no good buying pressure yet. So we might go even lower. However $35k-
36K is still holding and a good support till now but we have to wait for the weekly close.If weekly close below $35k then our next and last hope is $30k. Now let's wait and watch. Wait for the weekly close and then we see what happens.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.