#BTC/USDT
BTC shaped double bottom or shark pattern.
🐮 so break out from descending resistance which is the same with resistance zone around $21k, will increase price to next resistance zone around $24k.
🐻 but if bulls don't succeed to break out and price going to break support zone around $18k, then next supports are at $16300 and $14800, that will make a AB=CD pattern.
BTC shaped double bottom or shark pattern.🐮 so break out from descending resistance which is the same with resistance zone around $21k, will increase price to next resistance zone around $24k.
🐻 but if bulls don't succeed to break out and price going to break support zone around $18k, then next supports are at $16300 and $14800, that will make a AB=CD pattern.
Note
#BTC/USDT#update
price is still below descending resistance and above support zone.
a break from one side will confirm the 🐮 or 🐻 move from my last analysis.
#women_life_freedom
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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.