Bitcoin / TetherUSShort
BTC BREAKSDOWN! WHAT'S THE NEXT POSSIBLE SCENARIO!!
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Welcome to this BTC update. In my previous BTC update I told you that we might see a breakdown of this descending triangle and exactly the same happened.
Now what's next?
Now, IMO BTC must take a little bit support here and bounce to the 19.5k zone for a perfect retest of this descending triangle. Meanwhile, it might form a little head and shoulder type pattern in the process of this retest. And after the successful retest of this 19.5k level my target is 17.5k
Invalidation:- Any 4hr candle close above 19.5k level will invalidate this breakdown.
What do you think guys?
Do you also think that we might see a retest of 19.5k form here or do you think it will continuously dropping from here?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
Welcome to this BTC update. In my previous BTC update I told you that we might see a breakdown of this descending triangle and exactly the same happened.
Now what's next?
Now, IMO BTC must take a little bit support here and bounce to the 19.5k zone for a perfect retest of this descending triangle. Meanwhile, it might form a little head and shoulder type pattern in the process of this retest. And after the successful retest of this 19.5k level my target is 17.5k
Invalidation:- Any 4hr candle close above 19.5k level will invalidate this breakdown.
What do you think guys?
Do you also think that we might see a retest of 19.5k form here or do you think it will continuously dropping from here?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
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