TradingCryptoMore

BTC - USDT Huge megaphone pattern

BINANCE:BTCUSDT   Bitcoin / TetherUS
What i think BTC could do, in daily time frame i see a huge megaphone pattern, and right now we are almost near to break an important mobile resistant (violet one), but i think the price will be rejected and will fall at least to 8700, a support from weekly time frame (yellow line), if this support fails then i expect that the price will fall further in the area around 6000 - 7000 to accumulate, doing so i see a creation of inverse H&S pattern, but there are also this mobile resistant that come from the 20000 lv (blue line), so it's possible that once we reach that level we will be rejected again and the price could go down further below

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.