Can Descending🥟Scallop🥟Deliver Bitcoin to Support zone❗️❓

8 במרץ 2023

Bitcoin has been moving in a descending channel for several days.

It seems that Bitcoin has formed a descending scallop pattern to break the support line.

I expect Bitcoin to fall to the 🟢support zone($21600-$20940)🟢 and the lower line of the descending channel after breaking the neckline.

❗️Note❗️: We must wait to break the neckline to verify the descending scallop pattern.

🔔Descending Scallop🔔: Descending Scallop is a continuation pattern that forms in the middle of the downward trends, where the price continues its downward trend after that.

Bitcoin Analyze ( BTCUSDT ), 1-hour Time frame ⏰.

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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8 במרץ 2023

הערה

Neckline broke.

9 במרץ 2023

הערה

New update

9 במרץ 2023

הערה

Descending🥟Scallop🥟= ✅