Bitcoin Analysis==>> Reversal Patterns==>>(Short term)
Updated
Bitcoin moved as I expected in the previous post.
Bitcoin is currently moving in the Support zone($60,800-$56,700) and near the Support lines.
In terms of Classic Technical Analysis, Bitcoin seems to have succeeded in forming a Falling Wedge Pattern, and an Inverse head-and-shoulders Pattern is possible.
Also, we can see Regular Divergence(RD+) between Consecutive Valleys.
I expect Bitcoin to rise to at least near $60,000.
Bitcoin Analyze (BTCUSDT), 15-minute 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 gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin is currently moving in the Support zone($60,800-$56,700) and near the Support lines.
In terms of Classic Technical Analysis, Bitcoin seems to have succeeded in forming a Falling Wedge Pattern, and an Inverse head-and-shoulders Pattern is possible.
Also, we can see Regular Divergence(RD+) between Consecutive Valleys.
I expect Bitcoin to rise to at least near $60,000.
Bitcoin Analyze (BTCUSDT), 15-minute 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 gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
BTC was able to break the neckline.Trade closed: target reached
✅Target Done✅
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