Bitcoin's Breakout. Descending Channel - 23. APR. 2020.
Updated
Hello Traders.
The last few days were boring, but finally an Breakout, I think we can expect a drop to 7200 in the coming days.
If we stay around 7200 for a while and stay in the Ascending Channel,
then BTC will be able to make a pump to 8000 before we see more downside.
If you think its helpful leave a comment or like!
For more updates follow me!
This is not for financial advice but for education!
Have a great day everyone!
The last few days were boring, but finally an Breakout, I think we can expect a drop to 7200 in the coming days.
If we stay around 7200 for a while and stay in the Ascending Channel,
then BTC will be able to make a pump to 8000 before we see more downside.
If you think its helpful leave a comment or like!
For more updates follow me!
This is not for financial advice but for education!
Have a great day everyone!
Note
If you look at the green boxes you can see that this has happened before.
So BTC falls back twice after a pump to the place where the pump started if we now fall again after 1 or 2 days, 6800 will probably be tapped
Note
The 0.618 will be tested 6800 is also a strong level
Note
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