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Welcome to this quick BTC update.
BTC breaks down the rising wedge in 1hr time frame. Also, breaks below the 50MA. High chance that we see a pullback up to $25k-$25.5k level before the FOMC meeting yesterday.
Invalidation:- Breaks above $28.5k will invalidate this bearish scenario.
What do you think about this?
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 quick BTC update.
BTC breaks down the rising wedge in 1hr time frame. Also, breaks below the 50MA. High chance that we see a pullback up to $25k-$25.5k level before the FOMC meeting yesterday.
Invalidation:- Breaks above $28.5k will invalidate this bearish scenario.
What do you think about this?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
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.
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.