๐ŸšจBitcoin will Fall by Failed Falling Wedge Pattern๐Ÿšจ

์—…๋ฐ์ดํŠธ๋จ
โŒBitcoin failed to break the ๐Ÿ”ดResistance zone($65,700-$67,520)๐Ÿ”ด.

๐Ÿ“ˆFrom the point of view of Classical Technical Analysis, the Failing Wedge pattern failed, and since if the reversal pattern fails, the pattern will have a continuing role, the Bitcoin fall is still expected.

๐Ÿ””I expect Bitcoin to continue its downward trend after the rise to the lower line and ๐ŸŸกPotential Reversal Zone(PRZ)๐ŸŸกagain.

โ—๏ธโš ๏ธNoteโš ๏ธโ—๏ธ: If Bitcoin touches $65,500, the bullish scenario can change, I will talk about the importance of this number in the next posts.

โ—๏ธโš ๏ธNoteโš ๏ธโ—๏ธ: An important point you should always remember is capital management and lack of greed.

Bitcoin Analyze ( BTCUSDT ), 1-hour time frame โฐ.

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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๋…ธํŠธ
I took my profit from this analysis and PRZ worked well for short position, as long as Bitcoin doesn't break above the resistance zone, there is still possibility of fall.
bitcoinsignalbitcoinsignalsbtcanalysisbtcsignalbtcsignalsBTCUSDTbtcusdtanalysisBTCUSDTPERPFalling WedgeFibonacciSupport and ResistanceWedge

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