ðĻBitcoin will Fall by Failed Falling Wedge PatternðĻ
âBitcoin failed to break the ðīResistance zone($65,700-$67,520)ðī.
ðFrom the point of view of Classical Technical Analysis, the Failing Wedge pattern failed, and since if the reversal pattern fails, the pattern will have a continuing role, the Bitcoin fall is still expected.
ðI expect Bitcoin to continue its downward trend after the rise to the lower line and ðĄPotential Reversal Zone(PRZ)ðĄagain.
âïļâ ïļNoteâ ïļâïļ: If Bitcoin touches $65,500, the bullish scenario can change, I will talk about the importance of this number in the next posts.
âïļâ ïļNoteâ ïļâïļ: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-hour 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 gladly see your ideas in this post.
Please do not forget the â ' like'â button ðð & Share it with your friends; thanks, and Trade safe.
ðFrom the point of view of Classical Technical Analysis, the Failing Wedge pattern failed, and since if the reversal pattern fails, the pattern will have a continuing role, the Bitcoin fall is still expected.
ðI expect Bitcoin to continue its downward trend after the rise to the lower line and ðĄPotential Reversal Zone(PRZ)ðĄagain.
âïļâ ïļNoteâ ïļâïļ: If Bitcoin touches $65,500, the bullish scenario can change, I will talk about the importance of this number in the next posts.
âïļâ ïļNoteâ ïļâïļ: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-hour 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 gladly see your ideas in this post.
Please do not forget the â ' like'â button ðð & Share it with your friends; thanks, and Trade safe.
āļāļēāļĢāļāļ·āđāļāļāļēāļĒāļĒāļąāļāļāļāļāļģāđāļāļīāļāļāļĒāļđāđ
āļāļąāļāļāļķāļ
I took my profit from this analysis and PRZ worked well for short position, as long as Bitcoin doesn't break above the resistance zone, there is still possibility of fall.
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ðContact & Learning Technical Analysis ðt.me/Ad_ProTrader365
ðGet a 20% Discount on your trading FEE on BYBIT:ðpartner.bybit.com/b/PEJMANZWIN
ðReal & Accurcy Free & VIP Signalsð t.me/ProTrader_365
ðContact & Learning Technical Analysis ðt.me/Ad_ProTrader365
ðGet a 20% Discount on your trading FEE on BYBIT:ðpartner.bybit.com/b/PEJMANZWIN
ðContact & Learning Technical Analysis ðt.me/Ad_ProTrader365
ðGet a 20% Discount on your trading FEE on BYBIT:ðpartner.bybit.com/b/PEJMANZWIN
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