From this daily timeframe chart we could see BTC on a up trend until it broke 42k January 2022. We could see a Retracement after the breakout to confirm more downtrend.
Also BTC just completed a head and shoulders pattern and we are likely to see a downward movement to 15k, 10k or even 5k
#DYOR
ETHUSD Price Action ETH/USD COINBASE:ETHUSD WillSebastian We are seeing very limited Price action across Crypto markets as Slight downside bias stalls. Likely to see this continue in near term. Market for scalpers so Trade small […]
Bitcoin huge move & hardcore resistance under w pattern Bitcoin / TetherUS BINANCE:BTCUSDT abdulmajid_sarwar Currently Bitcoin is forming W pattern on 1Day chart, the neckline resistance of W pattern is seen at 45000 to 46000, […]
Waves idea Waves / TetherUS BINANCE:WAVESUSDT shorefutures just another idea, maybe we are on top of fifth wave? i think i’m gonna sell part of my waves if it falls below 20. still has potential […]