Bitcoin can Escape from 🎪Descending Channels Festival🎪❗️❓
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Bitcoin is moving in a main descending channel in the 4-hour time frame, and as I expected, the descending Scallop pattern worked well.👇✅
But if you look a little more at the Bitcoin chart in the 1-hour time frame, you will notice that Bitcoin was able to create a smaller descending channel inside the main descending channel.
I expect Bitcoin to break out of the minor descending channel soon and reach the support line.
Bitcoin Analyze ( BTCUSDT ), 1-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 gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
But if you look a little more at the Bitcoin chart in the 1-hour time frame, you will notice that Bitcoin was able to create a smaller descending channel inside the main descending channel.
I expect Bitcoin to break out of the minor descending channel soon and reach the support line.
Bitcoin Analyze ( BTCUSDT ), 1-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 gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Nota
What is your idea? Bitcoin will escape or not?Nota
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