Goodmorning everyone, here is my TA on BTC 1h TF
Market has formed a rising wedge pattern
Broke down the lower trend line
Retested it and got a rejection and push to the down side
Retested again the support and turned into resistance level
We may see another push to the down side
Personally, I'm still bearish on Bitcoin, i don't see any sign of bullishness as of the moment. We might see another 30k level.
Take care guys! NFA, DYOR & TAYOR.
Market has formed a rising wedge pattern
Broke down the lower trend line
Retested it and got a rejection and push to the down side
Retested again the support and turned into resistance level
We may see another push to the down side
Personally, I'm still bearish on Bitcoin, i don't see any sign of bullishness as of the moment. We might see another 30k level.
Take care guys! NFA, DYOR & TAYOR.
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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.