As we can see in the chart mentioned above that BTC is currently trading one support of green MA.
If we consider the past and do some backtesting then it is clearly evident that BTC holds the green MA very well but it always moves downside to touch the lower trend line support, so here I am expecting a wick off from the lower trend line support and rally to print a new ATH.
Whenever BTC bounced from the lower trend line support it printed new ATH.
At the top of this chart, BTC also printed a double top pattern and a triple top is likely in the upcoming days.
In another scenario, if BTC breaks below the lower trend line, this chart will be invalidated.
Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits.
Thank you
If we consider the past and do some backtesting then it is clearly evident that BTC holds the green MA very well but it always moves downside to touch the lower trend line support, so here I am expecting a wick off from the lower trend line support and rally to print a new ATH.
Whenever BTC bounced from the lower trend line support it printed new ATH.
At the top of this chart, BTC also printed a double top pattern and a triple top is likely in the upcoming days.
In another scenario, if BTC breaks below the lower trend line, this chart will be invalidated.
Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits.
Thank you
