As I expected in the previous post, Bitcoin was not able to break the ðĒheavy support zone($ 26,900-$ 26,400)ðĒ, but as Bitcoin always does, it created a trap(ðŧBear Trapðŧ).
Bitcoin seems to be completing the Bullish Pennant pattern, but maybe the â ïļlow trading volumeâ ïļ on Saturday and Sunday will affect the correct formation of this pattern.
If Bitcoin can break the upper line of the symmetrical triangle, we can consider confirmation of this pattern.
ðI expect Bitcoin to grow at least up to the downtrend line after breaking the upper line of the symmetrical triangle, and the next step could be the ðīresistance zone($ 28,000-$ 27,660)ðī.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame â°.
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.
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