#BTCUSDT Possible area for bounce!!
Updated
Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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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
BTC is making this big symmetrical triangle pattern and currently, it is losing this lower support.
IMO: Possibly a Liquidation wick is incoming, be careful if you are holding long positions on leverage.
Bulls are likely to get a nice long entry around 35.3k to 35.6k
Let's see how the daily 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
BTC is making this big symmetrical triangle pattern and currently, it is losing this lower support.
IMO: Possibly a Liquidation wick is incoming, be careful if you are holding long positions on leverage.
Bulls are likely to get a nice long entry around 35.3k to 35.6k
Let's see how the daily 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
Note
My previous BTC chart has been invalidated, currently it Breakout this big flag pattern.Now we have 35k to 34.7 as a support BTC needs to hold this if it will not able to hold the support then it can drop up to 30k.
We need to close the daily candle above 34.9k.
This is the last hope from where we can accept Bounce if it is not able to Bounce then it will drop up to 30k support.
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