Hello Friends!
I warned about this correction before and unfortunately, it happened. When we look at the big picture now BTC bounced from a strong support area. It broke the descending trendline but after that, it did not go up as expected. It is forming a triangle now and no one can predict which way price will break this triangle(I hope it will go up). I showed the next support area in my chart in case price breaks below triangle support.
For those who want to learn technical analysis. My charts can be quite useful...
I warned about this correction before and unfortunately, it happened. When we look at the big picture now BTC bounced from a strong support area. It broke the descending trendline but after that, it did not go up as expected. It is forming a triangle now and no one can predict which way price will break this triangle(I hope it will go up). I showed the next support area in my chart in case price breaks below triangle support.
For those who want to learn technical analysis. My charts can be quite useful...
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