In Next 8hrs BTC Must Cross 62000$, OR Bears Will Take Control!!
Hello Dear Traders,
In Last Post
I discussed abt breakout frm falling channel and after posting the idea, btc followed the path exactly as expected.
On daily timeframe u can see tht btc is trading in Ascending triangle, soon we will see massive breakout frm this chart pattern.
in 8hrs we will see weekly candle closing, Before tht btc must cross 62k and sustain.
on daily timeframe we have double top chart pattern, this pattern gives sellers one more chance to short sell btc at higher rate.
if btc fail to cross 62k then again we will see btc approaching for lower support trendline.
In Last Post
I discussed abt breakout frm falling channel and after posting the idea, btc followed the path exactly as expected.
On daily timeframe u can see tht btc is trading in Ascending triangle, soon we will see massive breakout frm this chart pattern.
in 8hrs we will see weekly candle closing, Before tht btc must cross 62k and sustain.
on daily timeframe we have double top chart pattern, this pattern gives sellers one more chance to short sell btc at higher rate.
if btc fail to cross 62k then again we will see btc approaching for lower support trendline.
Related publications
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.