Right here is a my idea on Bitcoin. As seen on the chart, price is in an uptrend and I expect price to continue in that direction.
But if price breaks the lower trendline downward, then I expect price to follow the double top (M pattern) and approach the neckline at $45,000. If it breaks the neckline downward, then I expect a full M pattern to head to $38,000.
The yellow lines are the previous key support and resistance level price may encounter ahead of it.
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
Trading Involves High Risk⚠️
Not Financial Advice💸
Use Proper Risk Management💹
Thank you for your support!💓
NB: If you have any question for me or you would like to learn forex trading, improve on your technical analysis skills, DM me.
But if price breaks the lower trendline downward, then I expect price to follow the double top (M pattern) and approach the neckline at $45,000. If it breaks the neckline downward, then I expect a full M pattern to head to $38,000.
The yellow lines are the previous key support and resistance level price may encounter ahead of it.
What do you think?
Share your opinion in the comment section✍️
Please support this idea with a LIKE👍 if you find it useful🥳
Also, kindly cheer me with coins if you like my work.
Follow me to receive more updates on this pair🤙
Happy Trading💰🥳🤗
Trading Involves High Risk⚠️
Not Financial Advice💸
Use Proper Risk Management💹
Thank you for your support!💓
NB: If you have any question for me or you would like to learn forex trading, improve on your technical analysis skills, DM me.