BTC UPDATE! 18K INCOMING IF?
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Welcome to this quick BTC update.
BTC is forming a inverse Adam & Eve pattern which is generally a bearish pattern. Although it is not confirmed yet because BTC is still holding the $19,800 support level. Once it breaks below the $19,800 support we can expect it to reach 18k level.
If you want to open a short position then wait for the breaks below the 19,800 support area.
Invalidation Level:- If BTC breaks and close above $20,500 level then this pattern becomes invalidated.
What do you think about this?
Do you also think we can see 18k from here or do you think we get a bounce from here?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
Welcome to this quick BTC update.
BTC is forming a inverse Adam & Eve pattern which is generally a bearish pattern. Although it is not confirmed yet because BTC is still holding the $19,800 support level. Once it breaks below the $19,800 support we can expect it to reach 18k level.
If you want to open a short position then wait for the breaks below the 19,800 support area.
Invalidation Level:- If BTC breaks and close above $20,500 level then this pattern becomes invalidated.
What do you think about this?
Do you also think we can see 18k from here or do you think we get a bounce from here?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
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