#BTCUSDT
#BTC hold the long term descending support line (Red line) that is the same with SMA50 and $51000.
$BTC broke down from support of wedge, make a long tail in 4h chart, but we have to wait to see where it want to be close in daily chart.
price will have sideways move here between $50k and $57k , then it may have more down trend toward $30k.
But if today daily close be inside the wedge, there will be still hope for upward move. 🧐👀
#BTC hold the long term descending support line (Red line) that is the same with SMA50 and $51000.
$BTC broke down from support of wedge, make a long tail in 4h chart, but we have to wait to see where it want to be close in daily chart.
price will have sideways move here between $50k and $57k , then it may have more down trend toward $30k.
But if today daily close be inside the wedge, there will be still hope for upward move. 🧐👀