Bitcoin Analysis==>>Falling

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Bitcoin was rejected from the Resistance zone($58,500-$57,000), 50_SMA(Daily), Upper line of the Ascending channel, and Potential Reversal Zone(PRZ).

I expect Bitcoin to Go down to at least the lower line of the ascending channel, and maybe Bitcoin will break the support zones.

Note: If Bitcoin goes over $63,000, we should wait for Bitcoin to pump to $65,000 (at least).

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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٢١ أغسطس ٢٠٢٤

تم فتح الصفقة

My trade was activated

٢١ أغسطس ٢٠٢٤

ملاحظة

A bearish Flag Pattern can be a sign for more dumps.

We have to wait to break the lower line of the ascending channel.

٢١ أغسطس ٢٠٢٤

ملاحظة

Note: If Bitcoin goes over $63,000, we should wait for Bitcoin to pump to $65,000 (at least).

Still valid.