Bitcoin will fall by Symmetrical Triangle & Candlestick pattern

26 mar 2023

Bitcoin seems to have managed to form a symmetrical triangle near the🔴heavy resistance zone ($32,400-$28,120)🔴 and resistance line.

Also, candlestick reversal patterns on the upper line of the triangle can be a sign to break the lower line of the triangle.

I expect the lower line of the symmetrical triangle will eventually break and take Bitcoin to the 🟢support zone($25,250-$24,830)🟢.

Bitcoin Analyze ( BTCUSDT ), 4-hour 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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27 mar 2023

Nota

Lower line of triangle was broken

27 mar 2023

Nota

New update 👍

28 mar 2023

Nota

Bitcoin analysis from the point of view of Elliott waves