Bitcoin / TetherUSShort
Bitcoin analysis 3-H (BTCUSDT)
Bitcoin was unsuccessful to break an important level at 41K.
The seller dominated there with a huge order, so the price decreases again.
We presume that the price is going to complete a triangle pattern. so be aware that the price may go down to 30k again to finished its wave 5, it may go down to 26500 or 24k if the selling pressure would be strong.
This is a strong possible and scenario 1, that may happen for bitcoin.
Good luck
The seller dominated there with a huge order, so the price decreases again.
We presume that the price is going to complete a triangle pattern. so be aware that the price may go down to 30k again to finished its wave 5, it may go down to 26500 or 24k if the selling pressure would be strong.
This is a strong possible and scenario 1, that may happen for bitcoin.
Good luck
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.