Bitcoin | Expanding Triangle & Crucial Support..!!
#BTC (Update)
In Shorter Timeframe, Bitcoin Forming Expanding triangle Pattern...!!
3 Days ago, Bitcoin tested the 10.4k Resistance (Higher High) but Rejected it.
At the Moment, Holding the Crucial Support (9.3k) But Big Move Ahead.
Now There Are Two Possible Scenarios..
1- If Bulls lost the Support, Bitcoin might form Another Low (Might test 8k Area)
2- In Bullish Case, If Bulls Held the Support & Bounced Back 📈 , It Might Test the 10.6k Area (Major Resistance)
Be Ready for Both Bearish & Bullish Scenarios..📌
In Weekly Chart, Printing 9th TD Bearish Candle & Still Below the Major Downtrend Resistance 📉
If weekly Candle Closed Below trendline, Bitcoin Might Crash Again in Coming Days..!!
Another Weekly View...!!
Expecting Bearish Wave before Triangle Breakout... (6666 then 19191)
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!
In Shorter Timeframe, Bitcoin Forming Expanding triangle Pattern...!!
3 Days ago, Bitcoin tested the 10.4k Resistance (Higher High) but Rejected it.
At the Moment, Holding the Crucial Support (9.3k) But Big Move Ahead.
Now There Are Two Possible Scenarios..
1- If Bulls lost the Support, Bitcoin might form Another Low (Might test 8k Area)
2- In Bullish Case, If Bulls Held the Support & Bounced Back 📈 , It Might Test the 10.6k Area (Major Resistance)
Be Ready for Both Bearish & Bullish Scenarios..📌
In Weekly Chart, Printing 9th TD Bearish Candle & Still Below the Major Downtrend Resistance 📉
If weekly Candle Closed Below trendline, Bitcoin Might Crash Again in Coming Days..!!
Another Weekly View...!!
Expecting Bearish Wave before Triangle Breakout... (6666 then 19191)
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!
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