BTC : A Short opportunityJust Keeping things simple here... BTC Looks as a Bear flag ready to break low. Invalidation will be a breakout to the upper side.
Btsusdshort
BTCUSD Bearish Potential BTUSD has formed a Head and shoulders pattern now price break the neck line
BTC/USDTHello Traders
#BTC / #USDT chart
This is our suggested position for 1H on #BTC
Set your stop loss and enjoy that
BTCUSD ::: SHORTDATE: 29.4.21
INSTRUMENT: BTCUSD
TREND: SHORT
TIME FRAME: DAY
CMP: 54142
SELL BELOW: 54132
SL: 56319
TGT 01: 52066
TGT 02: 49149
TGT 03: 46288
DISCLAIMER:
We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
BTSUSD get to 5800 ???After analyzing BTCUSD, we see that a month ago the price reached the lower level of the channel, after which Bitcoin reached the upper line of the channel and made a false breakdown to the upper resistance line. Now the price is at the intersection of two resistance lines, one of which is strong. In addition, analyzing the chart for a long time, we see that the trend is falling. Therefore, at the moment I expect the BTCUSD to fall to the support line ≈5800.
