Bitcoin will exit from pennant and continue to fall to 59K

2024년 10월 9일

Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price some days ago entered to wedge, where it at once rebounded from the resistance line and fell to the support line, breaking the support level. After this movement, BTC started to grow and soon reached 57600, which coincided with the support area, broke it, and made a retest. Then it a little, after which made a correction to the support level and then made an impulse up to the resistance line of the wedge, which coincided with the 64000 level with the seller zone. Bitcoin some time traded near this level and later broke it, after which even exited from the wedge, but then it started to decline inside the downward pennant. Later price broke the 64000 level and dropped to the support line of the wedge, turned around and in a short time rose to the resistance level, but a not long time ago it turned around and fell to the support line. Now, the price trades near this line and I think it can rise a little and then continue to decline, thereby exiting from the pennant. For this case, I set my TP at 59000 points. Please share this idea with your friends and click Boost 🚀

2024년 10월 10일

액티브 트레이드

Great! Price exited from pennant, so, now I think it make retest, after breakout and then continue to decline to my TP.

2024년 10월 11일

액티브 트레이드

I think BTC can rise a little more, then turn around and start to decline to 57600 support level:

2024년 10월 12일

액티브 트레이드

Great! Bitcoin rose a little, now it can start to decline to support level.

2024년 10월 13일

액티브 트레이드

Still expect waiting BTC will start to decline to my TP.

2024년 10월 14일

거래청산: 스탑 닿음

BTC continued to rise and even recently broke the resistance level, so, it can make a retest and continue to grow next(