BTC is on The way to 43k or 55k?
Updated
Hello every one
BTC /USDT
BTC has Done a Heavy correction and Since Than The Price has been in a Sideway Trend. as you can See If observe The chart in 4h Time Frame, We can See That a Big Symmetrical Triangle is Visible! The Break out which would Set The Trend (Bearish or Bullish) has not happened yet. So Bitcoin Still has Time To Range In The Said Pattern. a Hidden Bearish Divergence (-HD) Is visible on RSI. This Means The Price can Decrease To The Bottom of The Pattern For Sure! which is around 48k. There it has a Chance to do a Bearish Break out! If It happens We Must Expect To See BTC at 43k! But This Might be only another Ranging Movement and BTC would Start a Bullish Movement From 48k & Do a Bullish Break out & reach 55k! We Must Wait For The Break out To Happen To Be assured of The Coming Trend The whole World Is watching This Triangle...
Summery:
-BTC is In a Symmetrical Triangle
-No break out yet
-(-HD) on RSI
-Bitcoin will fall to 48k For Sure.
-Bearish Break out=43k Bullish Break out=53k-55k
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
BTC /USDT
BTC has Done a Heavy correction and Since Than The Price has been in a Sideway Trend. as you can See If observe The chart in 4h Time Frame, We can See That a Big Symmetrical Triangle is Visible! The Break out which would Set The Trend (Bearish or Bullish) has not happened yet. So Bitcoin Still has Time To Range In The Said Pattern. a Hidden Bearish Divergence (-HD) Is visible on RSI. This Means The Price can Decrease To The Bottom of The Pattern For Sure! which is around 48k. There it has a Chance to do a Bearish Break out! If It happens We Must Expect To See BTC at 43k! But This Might be only another Ranging Movement and BTC would Start a Bullish Movement From 48k & Do a Bullish Break out & reach 55k! We Must Wait For The Break out To Happen To Be assured of The Coming Trend The whole World Is watching This Triangle...
Summery:
-BTC is In a Symmetrical Triangle
-No break out yet
-(-HD) on RSI
-Bitcoin will fall to 48k For Sure.
-Bearish Break out=43k Bullish Break out=53k-55k
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
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