Bitcoin / TetherUS
Short
Aggiornato

Fake Breakout | Reversal Pattern

On day chart
istantanea

Bitcoin has soared and plunged with high volatility in range $45,8xx and $41,000
Bitcoin has important support at 40K and Supply Zone around 47K that's why Bitcoin's dropped
With the last bullish candle has upper long wick, I think this is a Fake Breakout and it can create Reversal Pattern #HeadShoulders to pull Bitcoin back to 35K

Wait and see confirmation to trade
Nota
istantanea

Breakdown is beginning for Short Position to 35K
Nota
istantanea

Happened
Now, wait for retest to open Short Position
Nota
istantanea

Wait for declined FVG or Resistance around 43K

Declinazione di responsabilità