CRYPTO AT IMPORTANT LEVEL
BTC is at most imp level and it will decide where the crypto has to go.
If 29000 level is broken with momentum then we can see red ocean in crypto world, btc can fall 30-50% just because of panic selling nd lot of sell orders below that level.
On the other hand it is also forming decending triangle pattern with RSI divergence at lower timeframe. Break of the triangle can give minimum 15% and 30% in few weeks.
Trade with patience and trade what you see not what u believe what can happen, just like other example this is just an idea have your own point of view because this is what makes market interesting place to be.
If u liked this idea then dont forget to thumbs up and follow.
THANK YOU
If 29000 level is broken with momentum then we can see red ocean in crypto world, btc can fall 30-50% just because of panic selling nd lot of sell orders below that level.
On the other hand it is also forming decending triangle pattern with RSI divergence at lower timeframe. Break of the triangle can give minimum 15% and 30% in few weeks.
Trade with patience and trade what you see not what u believe what can happen, just like other example this is just an idea have your own point of view because this is what makes market interesting place to be.
If u liked this idea then dont forget to thumbs up and follow.
THANK YOU
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.