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I post short mid and long-term trade setups too.
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#BTC/USDT ANALYSIS
After the breakdown of the $28.8K level, we have seen a fast down move and BTC bounced hard with an extreme volume from $17.6K level bulls continuously defend that level by creating each higher low in ascending order.
Currently, it has done a breakout of ascending triangles and trying to give a close above the previous higher high. The retest above the last high would be a sign of a fast bullish move as from the area where price comes down fast, it goes up fast.
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#BTC(Update)
one again BTC is trying to break this ascending triangle pattern 4hours candle closes in 47min let's see if it will be able to close above this upper resistance of this pattern.
or it will be a fake-out again
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
#BTC/USDT ANALYSIS
After the breakdown of the $28.8K level, we have seen a fast down move and BTC bounced hard with an extreme volume from $17.6K level bulls continuously defend that level by creating each higher low in ascending order.
Currently, it has done a breakout of ascending triangles and trying to give a close above the previous higher high. The retest above the last high would be a sign of a fast bullish move as from the area where price comes down fast, it goes up fast.
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#BTC(Update)
one again BTC is trying to break this ascending triangle pattern 4hours candle closes in 47min let's see if it will be able to close above this upper resistance of this pattern.
or it will be a fake-out again
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
