๐BTC : This Falling Channel Must Break, Otherwise Again 17400$
Hello Dear Traders,
(Crypto Market Cap : 548 Billion , BTC Dominance:63.4%)
In Last post
I was discussing about Btc got demand from local demand zone and i was expecting BTC to touch 18500 area again. as expected things worked again btc today touched 18500$. on 4hr timeframe we are able to see mature falling channel chart pattern. Falling channel breaks most of the time upside. as u can see in chart upper trendline is acting as resistance for BTC , this time btc must cross this trendline ,if btc rejects from this trendline then we might see btc trading near 17400$ again. this trendline is between 18900-19000$. btc must cross this area to become strong bullish again. 18900-19000$ is Last attempt for bears to dump btc . if bulls defend well at this area then we will see btc trading near All Time High Again.
We have Active Altcoins Trades Posted yesterday. They are going well Please Checkout here
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This trading idea has been presented to you by ROHITWORKSS
(Crypto Market Cap : 548 Billion , BTC Dominance:63.4%)
In Last post
I was discussing about Btc got demand from local demand zone and i was expecting BTC to touch 18500 area again. as expected things worked again btc today touched 18500$. on 4hr timeframe we are able to see mature falling channel chart pattern. Falling channel breaks most of the time upside. as u can see in chart upper trendline is acting as resistance for BTC , this time btc must cross this trendline ,if btc rejects from this trendline then we might see btc trading near 17400$ again. this trendline is between 18900-19000$. btc must cross this area to become strong bullish again. 18900-19000$ is Last attempt for bears to dump btc . if bulls defend well at this area then we will see btc trading near All Time High Again.
We have Active Altcoins Trades Posted yesterday. They are going well Please Checkout here
Thanks for your support! If you liked this analysis, please support our profile with a ๐ and follow us to get a new daily analysis.
This trading idea has been presented to you by ROHITWORKSS
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