CAN BTC BREAK 39.5k LEVEL
Updated
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I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
#BTC is still under this falling wedge pattern, yesterday BTC make 39547k high but it got rejected from there.
currently, it is facing the upper resistance of this falling wedge pattern.
Here we have two scenarios.
First scenario: BTC has $37 - $37.5 as a strong support level so so we can expect a Bounce from here.
Second scenario: If BTC will not able to hold the $37 - $37.5 level support then it can drop up to $34.5 level or we have some local support around 36500 level.
Let's see how the market reacts a few hours.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
#BTC is still under this falling wedge pattern, yesterday BTC make 39547k high but it got rejected from there.
currently, it is facing the upper resistance of this falling wedge pattern.
Here we have two scenarios.
First scenario: BTC has $37 - $37.5 as a strong support level so so we can expect a Bounce from here.
Second scenario: If BTC will not able to hold the $37 - $37.5 level support then it can drop up to $34.5 level or we have some local support around 36500 level.
Let's see how the market reacts a few hours.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
Note
BTC UPDATE: BTC break out this falling wedge pattern now, it will pump up to 39500k level.let's see it can break this level or not.
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