💎Technical Analysis Summary💎
BINANCE: BTCUSDT
-Bitcoin is showing signs of weakness after the 3rd rejection of the trendline resistance
-The price is coming back to its local support around mid 34k dollars
-This will be the 3rd retest of this area and that is definitely not a good sign in terms of price action
-We can expect a breakout of this triangle pattern within 24-48 hours
-Be ready and make sure you always have a trading plan
-If in case a downside market direction, the potential next key support is around mid 30k dollars
-While an upside breakout above 37k will lead to a potential retest of 40k dollar resistance
⚠️Please always read the description⚠️
A big Thanks for donating 💰 via Tradingview coins this week to miguelsotelo139 🙏🎉
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
BINANCE: BTCUSDT
-Bitcoin is showing signs of weakness after the 3rd rejection of the trendline resistance
-The price is coming back to its local support around mid 34k dollars
-This will be the 3rd retest of this area and that is definitely not a good sign in terms of price action
-We can expect a breakout of this triangle pattern within 24-48 hours
-Be ready and make sure you always have a trading plan
-If in case a downside market direction, the potential next key support is around mid 30k dollars
-While an upside breakout above 37k will lead to a potential retest of 40k dollar resistance
⚠️Please always read the description⚠️
A big Thanks for donating 💰 via Tradingview coins this week to miguelsotelo139 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
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