BTC Broken Triangle
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Everything is in graph. BTC dropped from his triangle and found support on EMA50 H4 atm.
it can be a Shakout but have to be carefull.
So if we break this Trendline, i added in the chart some interesting points where we could have a bounce.
no reason to panic for now but if we breakdown 17500ish it could be an alarm to see some more lower prices.
Support 1 : EMA200 H4 : 17500ish
-----------------------------------------
Support 2 : EMA50 D1 : 16500ish
Support 3 : EMA50 D1 : 14500ish
Support 4 : EMA50 D1 : 12500ish
Happy Tr4Ding and St4y S4fe !
it can be a Shakout but have to be carefull.
So if we break this Trendline, i added in the chart some interesting points where we could have a bounce.
no reason to panic for now but if we breakdown 17500ish it could be an alarm to see some more lower prices.
Support 1 : EMA200 H4 : 17500ish
-----------------------------------------
Support 2 : EMA50 D1 : 16500ish
Support 3 : EMA50 D1 : 14500ish
Support 4 : EMA50 D1 : 12500ish
Happy Tr4Ding and St4y S4fe !
Note
Zoom in H4 for first supportNote
Zoom Out D1Note
to make it simple :Note
H4 last support Note
bounced on H4. not meaning we are not going to visit lowers. stay safe.Note
check new chart here. thanks.
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