Can Bitcoin Break the Support Lineโ—๏ธโ“๐Ÿง

ืžืขื•ื“ื›ืŸ
Bitcoin seems moving in a descending channel and is currently near the support line.

I expect the support line to be broken and Bitcoin to reach the ๐ŸŸขsupport zone($21600-$20940)๐ŸŸข, the lower line of descending channel, and start to grow from the TRZ (at least to the support line is broken).

You may ask why I say that Bitcoin can break the support lineโ—๏ธโ“

๐Ÿ”†Because of the sell signal created by EMA50 and SMA50.

If the daily candle closes below the SMA50, the probability of the support line being broken by the next day's candle is very high.

Bitcoin Analyze ( BTCUSDT ), Daily 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 be glad to see your ideas in this post.

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ื”ืขืจื”
Running well
ื”ืขืจื”
Bitcoin can Escape from ๐ŸŽชDescending Channels Festival๐ŸŽชโ—๏ธโ“


New update

Time frame= 1H
Bitcoin (Cryptocurrency)bitcoinusdBTCBTCBUSDBTCUSDBTCUSDTBTCUSDTPERPFibonacciSupport and ResistanceTrend LinesXBTUSDxbtusdt

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