Bitcoin is ready to break the Descending channel(Short term)🚀
Bitcoin has been moving in a Descending Channel for about 3 days.
The formation of the Inverse Head and Shoulders pattern near the 🟢support zone($ 27,820-$ 27,700)🟢can be a good sign of breaking the upper line of the descending channel.
I expect Bitcoin to start growing after breaking the upper line of the descending channel.
The increase of Bitcoin can be as vast as the descending channel and up to the 🔴resistance zone($ 29,200-$ 28,730) 🔴.
Bitcoin Analyze ( OKX: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 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.
The formation of the Inverse Head and Shoulders pattern near the 🟢support zone($ 27,820-$ 27,700)🟢can be a good sign of breaking the upper line of the descending channel.
I expect Bitcoin to start growing after breaking the upper line of the descending channel.
The increase of Bitcoin can be as vast as the descending channel and up to the 🔴resistance zone($ 29,200-$ 28,730) 🔴.
Bitcoin Analyze ( OKX: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 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.
Trade active
Trade closed: stop reached
Related Ideas
The right shoulder of the Inverse Head and Shoulders pattern was not completed.
The next target for Bitcoin to start growing will be the 🟢support zone($ 27,820-$ 27,700)🟢