#Bitcoin Bearish Chart Analysis:-
$BTC currently trading at $20700
As Per Low Time Frame chart Forming Bearish Pennant.
So If Break This Pennant Support $20,000 then We can see #Bitcoin Price around $15,000 which is best Entry zone.
But First We can see $22,000 upward because small Bullish Engulfing in 2 Hours Chart.
But Overall Bearish below $22,800
Above $22,800 we Convert in Bullish till $28000
So Now If open any trade then keep in mind This Scenario.
Hope you Understand and Learn.
Bear Pennant Pole size is -25%
So Aft downside Breakout Target will be $15,000
Support:- $20,000/$15,000
Resistance:- $22800/$28,000
$BTC currently trading at $20700
As Per Low Time Frame chart Forming Bearish Pennant.
So If Break This Pennant Support $20,000 then We can see #Bitcoin Price around $15,000 which is best Entry zone.
But First We can see $22,000 upward because small Bullish Engulfing in 2 Hours Chart.
But Overall Bearish below $22,800
Above $22,800 we Convert in Bullish till $28000
So Now If open any trade then keep in mind This Scenario.
Hope you Understand and Learn.
Bear Pennant Pole size is -25%
So Aft downside Breakout Target will be $15,000
Support:- $20,000/$15,000
Resistance:- $22800/$28,000
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