BTC: FORMING BEARISH PATTERN IN LTF! STAY CAUTIOUS!!
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Welcome to this BTC update.
BTC is forming a rising wedge pattern in 1hr time frame which is generally a bearish pattern. Although, it is still inside the wedge but once it breaks below the wedge we can expect a drop up to $19k-$19.5k level.
Invalidation level:- If any hourly candle close above $21,200 then this chart becomes invalidated.
if you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Welcome to this BTC update.
BTC is forming a rising wedge pattern in 1hr time frame which is generally a bearish pattern. Although, it is still inside the wedge but once it breaks below the wedge we can expect a drop up to $19k-$19.5k level.
Invalidation level:- If any hourly candle close above $21,200 then this chart becomes invalidated.
if you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
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