Fake Breakout | Reversal Pattern
Updated
On day chart
Bitcoin has soared and plunged with high volatility in range $45,8xx and $41,000
Bitcoin has important support at 40K and Supply Zone around 47K that's why Bitcoin's dropped
With the last bullish candle has upper long wick, I think this is a Fake Breakout and it can create Reversal Pattern #HeadShoulders to pull Bitcoin back to 35K
Wait and see confirmation to trade
Bitcoin has soared and plunged with high volatility in range $45,8xx and $41,000
Bitcoin has important support at 40K and Supply Zone around 47K that's why Bitcoin's dropped
With the last bullish candle has upper long wick, I think this is a Fake Breakout and it can create Reversal Pattern #HeadShoulders to pull Bitcoin back to 35K
Wait and see confirmation to trade
Comment
Breakdown is beginning for Short Position to 35K
Comment
Happened
Now, wait for retest to open Short Position
Comment
Wait for declined FVG or Resistance around 43K
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📱Copy Trade on Binance: bit.ly/3NHOTKQ
🔐 Buy Cold Wallet Ledger bit.ly/3OmOrBe
💬 Tele: t.me/trieutv_official
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