Bitcoin / TetherUSShort
BTC UPDATE! DUMP INCOMING!!
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Welcome to the new BTC update. BTC is currently trading around the 30.2k level.
As you see in the chart, it is forming a bearish pennant in 1hr time frame. It already breaks down this pennant and a retest is also done. According to this pattern, we might see a big sell-off today.
If this pattern plays out accordingly, then we see a dump up to the
29K level from here.
Invalidation:- If the hourly candle closes above 30.5k then this bearish pattern will be invalidated.
What do you think about this?
Do you also think that we see a dump from here or do you think that we pump from here?
Let me know in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
Welcome to the new BTC update. BTC is currently trading around the 30.2k level.
As you see in the chart, it is forming a bearish pennant in 1hr time frame. It already breaks down this pennant and a retest is also done. According to this pattern, we might see a big sell-off today.
If this pattern plays out accordingly, then we see a dump up to the
29K level from here.Invalidation:- If the hourly candle closes above 30.5k then this bearish pattern will be invalidated.
What do you think about this?
Do you also think that we see a dump from here or do you think that we pump from here?
Let me know in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
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