amirthetrader

First Resistance Got Broken in Bitcoin but Still Bearish !!!!

Panjang
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello to the large community of traders,

Related to my previous Bitcoin👇🏽
I expect this bearish momentum to be Bull Flag and yes this is what exactly happened. This Bear leg was just correction of our bullish impulsive leg. ( Falling Wedge = Bull Flag )
If you want more confirmation for bullish momentum, wait until bulls consolidate above 20 and 50 Moving Averages. So our first obstacle ( Dynamic Resistance ) now passed.
Wait for BTC reaction to long term dynamic resistance. Remember that we are still in bearish momentum.
If long term resistance got broken I expect $62,980 to be touched.

**This is not an investment advice. Your capital might be at risk.**
You can support me by donating coins.
Give me your idea on comments...
Good Luck...

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.