$BTC

Hi, everyone. I hope you have a great weekend.

Bitcoin is in a corrective phase during the last two weeks, but sudden Pump and Dump movements have shown that it makes it a little difficult for traders, so that a Bull trap

was formed above the Resistance zone($35,280_$34,830).

Perhaps one of the reasons for the sudden movements during the last two weeks is low Trading Volume, although low Trading Volume is one of the characteristics of the correction phase.

Bitcoin is currently moving in the Resistance zone($35,280 _$34,830), and if we look at the last three 4-hour candles of Bitcoin, the Three Black Crows Candlestick Pattern is clearly visible.

Three Black Crows Candlestick Pattern:

The Three Crows pattern is a bearish reversal pattern that consists of three bearish long-bodied candlesticks.

The Three Crows pattern is a bearish reversal pattern that consists of three bearish long-bodied candlesticks.

Each of the three candlesticks should be long-bodied bearish candlestick; each candlestick's opening price should be lower than the previous candlestick's opening price. It is a bearish reversal pattern; therefore, it should be considered only when it appears after an uptrend.

The Three black crows candlestick pattern signals weakness in an ongoing uptrend and the potential reversal to the downtrend. Al expect Bitcoin to fall at least to the Support zone($34,200_$34,000) and the Support line, and if these areas fail, it will attack the |lower Support zone($33,680_$33,140). If theSupport zone($33,680_$33,140) is broken, we can expect Bitcoin to fall further to around $32,000.

Note ! An important point you should always remember is capital management and lack of greed.

Bitcoin Analyze (BTCUSDT ), 4-hour time frame Do not forget to put Stop loss for your positions

#signals #Futuretrades #etf