BTC shark or AB=CD
#BTC/USDT
$BTC shaped double bottom or shark pattern.
🐮 so break out from descending resistance which is the same with resistance zone around $21k, will increase price to next resistance zone around $24k.
🐻 but if bulls don't succeed to break out and price going to break support zone around $18k, then next supports are at $16300 and $14800, that will make a AB=CD pattern.
$BTC shaped double bottom or shark pattern.
🐮 so break out from descending resistance which is the same with resistance zone around $21k, will increase price to next resistance zone around $24k.
🐻 but if bulls don't succeed to break out and price going to break support zone around $18k, then next supports are at $16300 and $14800, that will make a AB=CD pattern.
#update
price is still below descending resistance and above support zone.
a break from one side will confirm the 🐮 or 🐻 move from my last analysis.
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