#BTC: The bottom is in!🥶Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
BTC UPDATE
As Per chart #BTC is currently trading in Descending Triangle in Daily Chart which is a bearish pattern.
Now Two Scenarios:-
Scenario 1:- if BTC breakout Upward $20600 and the Daily candle closes above then We can see a 54% Upward move toward $31800
Scenario 2:- If $BTC failed to Hold Recently Bottom or Support Level $18000 then we can see $12000-$13000 Level.
So Watch closely and trade.
Support:- $12800
Resistance:- $20600/$25000/$31800
I know everyone is talking about this descending triangle pattern, but IMO BTC Will Surprise us As It Did Before The Start Of the bull run on July 2O21
Stay tuned
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