Bitcoin builds up strength before next move 🔥🚀

٢٠ أغسطس ٢٠٢١

Yesterday's chart showed a reversal structure, a falling wedge. I was expecting the price to go lower and this is a bull trap. But this pattern worked out very well. The price broke the upper boundary and tested it as resistance. And then the bitcoin rose almost 5 percent. The price is now in a local consolidation and gathering strength before the next move. There is a high probability that it will be upwards. At the moment, I don't see any clear entry points, but bitcoin could go in this scenario.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade

٢٠ أغسطس ٢٠٢١

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