BTC: ANOTHER BEARISH SCENARIO!!
Updated
Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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.
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I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#BTC(Update)
The process has started for #bitcoin. Recovery is now very difficult.
The flag down a break that I shared yesterday has also arrived. I think we are now in a new and hopefully recent downtrend.
what's your opinion? Will the sharp decline continues for #btc or will there be a recovery?
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
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 to this chart, Do not consider financial advice.
#BTC(Update)
The process has started for #bitcoin. Recovery is now very difficult.
The flag down a break that I shared yesterday has also arrived. I think we are now in a new and hopefully recent downtrend.
what's your opinion? Will the sharp decline continues for #btc or will there be a recovery?
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
Note
#BTC UPDATE
I mentioned in my previous BTC update, we need a daily close above $21550 but this daily candle closes below it.
If we draw a line by using a wick then it looks like it is bouncing from the lower support of this channel but to confirm this uptrend we need a daily candle close above $21550.
Stay tuned
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