57k $ - bitcoin check analisi 🥦 08.08.24

in WORLD OF XPILAR4 months ago

English version 🇬🇧🇬🇧🇬🇧

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#BTC/USDT ANALYSIS

Bitcoin has broken down from the descending triangle pattern with significant volume and is currently testing below the triangle.

A successful retest would indicate a continuation of the bearish trend, supported by the bearish momentum shown by the 100MA and Ichimoku Cloud.

However, if the retest fails and the price breaks above the triangle, we can expect further movement within the triangle.

Good trade

Bullguyz 🐮

Image source:

The image was taken from analysis & chart study groups on premium discord channels 👾

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