Hey, friends! Here's a quick Bitcoin update just for You!đ What do we see?đ
On the two-hour chart đ, I've identified a forming descending triangle. The price has tested the main descending trendline several times, but it has failed to break above it. This indicates, that the price is more likely to continue declining, ultimately completing the formation of the pattern. With minor pullbacks, we can expect the price to reach the level of 60,000, and then it's worth observing the subsequent formation.
What do you think, friends? Are You feeling bullish or bearish?đ§
Is the rise postponed, or will it sneak up on us? Share Your thoughts in the comments!
Thanks for Your attention,đ«¶
Sincerely Yours, Katerynađđ
On the two-hour chart đ, I've identified a forming descending triangle. The price has tested the main descending trendline several times, but it has failed to break above it. This indicates, that the price is more likely to continue declining, ultimately completing the formation of the pattern. With minor pullbacks, we can expect the price to reach the level of 60,000, and then it's worth observing the subsequent formation.
What do you think, friends? Are You feeling bullish or bearish?đ§
Is the rise postponed, or will it sneak up on us? Share Your thoughts in the comments!
Thanks for Your attention,đ«¶
Sincerely Yours, Katerynađđ
Handel aktiv
Kommentera:
I've prepared a post specifically for You about triangles, as triangles are a common pattern in Bitcoin price formation.
Kommentera:
We are near support đ„
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