theprofitstation

BTC UPDATE 3

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BYBIT:BTCUSDT   BTCUSDT SPOT
#BTC UPDATE 3 :
In 1D TF Already Awared about this right angled broadening wedge and we know lower line area around 19000 is where we could be gravitated before price choose direction but we know if this 19000 support broken then the price of Bitcoin could be starting downward direction. But for that Minor support also around 19500 to 19600 if broken then we have to be careful because in that case we could be coming back to re-test the support 19000 from right angled broadening wedge and breaking that could be triggering a big sell-off in upcoming days. So all eyes are going around 19000 for upcoming days. If we see any sort of relief rally unless we break the resistance between monthly CPR lines any sort of impulsive movement will be looked as a fakeout.

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