Descending triangle
๐
A new downturn seems to be on the way
In the last few days, Bitcoin, despite the signs of decline, was able to cross the important level of $ 40,000
๐
But it still does not seem to have enough strength to climb to 45,000-50,000 .
๐
As you can see, in a descending triangle, it is in a downward trend, and if we follow the pattern, the next targets will be below 39-38k !
The price can hit the level of 43-44k again and fall
Or it can go down from here again
lets see ..
โโโโโโ
All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help .
โ ๏ธ This Analysis will be updated ...
๐ #BTCUSDT ( BITCOIN )
๐น Time Frame : Daily
๐ต Personal Opinion : SHORT
๐ฏ Next Targets : 40k โ 38k
๐ค Saeid.Mahbob
๐ 20.Mar.22
โค๏ธ If you apperciate my work , Please like and comment , It Keeps me motivated to do better โค๏ธ
๐
A new downturn seems to be on the way
In the last few days, Bitcoin, despite the signs of decline, was able to cross the important level of $ 40,000
๐
But it still does not seem to have enough strength to climb to 45,000-50,000 .
๐
As you can see, in a descending triangle, it is in a downward trend, and if we follow the pattern, the next targets will be below 39-38k !
The price can hit the level of 43-44k again and fall
Or it can go down from here again
lets see ..
โโโโโโ
All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help .
โ ๏ธ This Analysis will be updated ...
๐ #BTCUSDT ( BITCOIN )
๐น Time Frame : Daily
๐ต Personal Opinion : SHORT
๐ฏ Next Targets : 40k โ 38k
๐ค Saeid.Mahbob
๐ 20.Mar.22
โค๏ธ If you apperciate my work , Please like and comment , It Keeps me motivated to do better โค๏ธ
