lexcaraiginc

BTC Market Next Possible Movement

Short
BINANCE:BTCUSD.P   BTC Perpetual Futures Contract
Hi @everyone, here is my TA on BTC/USDT on a 4h TF July 16, 2021 7:25PM

- Market has formed a Symmetrical Triangle
- Broke down below trend line
- Retest the lower trend line and got rejected
- Retest the support around 32k and got rejected
- 32k support turned to resistance and pushing down further
- Personally, I think the final test would be 30k
- if we break 30k, I'm expecting a 20ish levels

That's it guys! Take care! NFA, DYOR & TAYOR. Goodluck!

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