This was beautiful expansion from the bullish pennant and the previous quarter
Somehow no 1D bear divs yet which is surpising to me
The 2.0 of the previous quarter is at 3381 on the binance perp chart and will be hit soon
I think this is likely to cap the market and maybe push it back down range bound
Ideas for the range low are highlighted across some of the wick...
BTCUSD is moving According our Analysis from last few days.
After breaking that wedge it started falling down and in yesterday Analysis we discussed that there is a small Retesting then it will go down. Now you all can see ho this is going Down . Now it has Maximum Chances that it will target Price level 16.5k
Keep in touch we will update further soon.
Price brokeout of the ascending triangle as expected. Price is a approaching a predicted ascending channel resistance + trend based fibonacci extension level (1). We could see a retracement back to the flip support + channel support. Potential BUY re-entry at retest ↗️.