Hello Traders!
As the recent fall in bitcoin is supposed to be a phase. We could still see more down side to this major downtrend! We can see a Push down triangle forming to maybe push out the bitcoin past the support for a LL. Be careful of the breakout as the bears legs are weakening one after the other giving the momentum to the bulls! Lets see how this one plays out.
Please support this analysis with your likes, follows, and comments.
Trade Away!
As the recent fall in bitcoin is supposed to be a phase. We could still see more down side to this major downtrend! We can see a Push down triangle forming to maybe push out the bitcoin past the support for a LL. Be careful of the breakout as the bears legs are weakening one after the other giving the momentum to the bulls! Lets see how this one plays out.
Please support this analysis with your likes, follows, and comments.
Trade Away!
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