#BTCUSDT Possible area for bounce!!

2022年5月5日

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#BTC UPDATE

BTC is making this big symmetrical triangle pattern and currently, it is losing this lower support.

IMO: Possibly a Liquidation wick is incoming, be careful if you are holding long positions on leverage.
Bulls are likely to get a nice long entry around $35.3k to $35.6k

Let's see how the daily candle closes.

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2022年5月6日

註釋

My previous BTC chart has been invalidated, currently it Breakout this big flag pattern.

Now we have 35k to 34.7 as a support BTC needs to hold this if it will not able to hold the support then it can drop up to 30k.

We need to close the daily candle above 34.9k.

This is the last hope from where we can accept Bounce if it is not able to Bounce then it will drop up to 30k support.