Bitcoin seems moving in a descending channel and is currently near the support line.
I expect the support line to be broken and Bitcoin to reach the 🟢support zone($21600-$20940)🟢, the lower line of descending channel, and start to grow from the TRZ (at least to the support line is broken).
You may ask why I say that Bitcoin can break the support line❗️❓
🔆Because of the sell signal created by EMA50 and SMA50.
If the daily candle closes below the SMA50, the probability of the support line being broken by the next day's candle is very high.
Bitcoin Analyze ( BTCUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
I expect the support line to be broken and Bitcoin to reach the 🟢support zone($21600-$20940)🟢, the lower line of descending channel, and start to grow from the TRZ (at least to the support line is broken).
You may ask why I say that Bitcoin can break the support line❗️❓
🔆Because of the sell signal created by EMA50 and SMA50.
If the daily candle closes below the SMA50, the probability of the support line being broken by the next day's candle is very high.
Bitcoin Analyze ( BTCUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Nota
Running wellNota
New update
Time frame= 1H
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🎁Welcome than a 50% bonus(Low Spread)👉vtm.pro/Y3AV7r
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
Penerbitan berkaitan
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.