This analysis is a short-term analysis
We see the formation of a descending flag pattern
In the event of a loss of dynamic support, a drop of up to $ 6 would be reasonable.
Also, if we lose the $ 6 range, with the Fibo review and its overlap, there is a possibility that the price will drop to $ 4 points.
If the $ 6 zone is lost, the selling pressure will increase, which will cause the price to fall further
What will Bitcoin's return look like? Bitcoin / TetherUS BINANCE:BTCUSDT hamidzeigemmi Bitcoin’s best recursive position will be that if it breaks the triangle upwards, it enters an excellent support area marked with a purple line. […]
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endingleading diagonal, simplified. Bitcoin / U.S. dollar BITSTAMP:BTCUSD Eloquent this is pretty much the plan, from a simplified perspective. — an ending, or leading diagonal is a 3-3-3-3-3, which is created within a contracting wedge […]