Bitcoin is moving in a main descending channel in the 4-hour time frame, and as I expected, the descending Scallop pattern worked well.๐โ
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 โฐ.
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.
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