BTC: A PERFECT RETEST! NOW READY TO BOOUNCE!!
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Welcome to this BTC update. BTC looks good as of now.
BTC is breaking out from the symmetrical triangle in the 8hr time frame and after the breakout, we got a perfect retest. And after this retest now it is ready to bounce.
If any candle closes below 29.5k then this retest process will become a fake move. But as long as BTC holds above 29.5k I'm expecting a good move from here.
You can also open a long position with an SL of $28,900
If you like this idea then do support it with like and follow.
Also, do share your views in the comment section.
Thank You!
Welcome to this BTC update. BTC looks good as of now.
BTC is breaking out from the symmetrical triangle in the 8hr time frame and after the breakout, we got a perfect retest. And after this retest now it is ready to bounce.
If any candle closes below 29.5k then this retest process will become a fake move. But as long as BTC holds above 29.5k I'm expecting a good move from here.
You can also open a long position with an SL of $28,900
If you like this idea then do support it with like and follow.
Also, do share your views in the comment section.
Thank You!
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