🚧Bitcoin can GO DOWN by Rising Wedge Pattern🚧
✅Bitcoin has managed to form a Rising Wedge Pattern near the 🔴Resistance zone($52,820-$52,460)🔴.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
🔔After breaking the Support line, I expect Bitcoin to go Down to at least the 🟢Support zone($50,840-$50,200)🟢 in the next hour.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-hour 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.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
🔔After breaking the Support line, I expect Bitcoin to go Down to at least the 🟢Support zone($50,840-$50,200)🟢 in the next hour.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-hour 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
Comment:
We saw a bull trap and it is still a valid analysis
Trade closed: target reached
