Bitcoin is ready to break the Descending channel(Short term)🚀

Bitcoin has been moving in a Descending Channel for about 3 days.

The formation of the Inverse Head and Shoulders pattern near the 🟢support zone($ 27,820-$ 27,700)🟢can be a good sign of breaking the upper line of the descending channel.

I expect Bitcoin to start growing after breaking the upper line of the descending channel.

The increase of Bitcoin can be as vast as the descending channel and up to the 🔴resistance zone($ 29,200-$ 28,730) 🔴.

Bitcoin Analyze ( OKX:BTCUSDT ), 15-minute time frame ⏰.

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 be glad to see your ideas in this post.

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Commento:

The right shoulder of the Inverse Head and Shoulders pattern was not completed.

The next target for Bitcoin to start growing will be the 🟢support zone($ 27,820-$ 27,700)🟢

Trade attivo

Trade chiuso: stop raggiunto