Currently, BTC has broken down from an ascending triangle pa | THE DOCTOR CRYPTOHUB en Binance Square

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THE DOCTOR CRYPTOHUB

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Currently, BTC has broken down from an ascending triangle pattern. Now, We have to wait for a successful break down 👀📉

Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.

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THE DOCTOR CRYPTOHUB

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BTC has created a wick below the LQD zone mentioned in the chart, and it is recovering from there as predicted in the previous market update. To reach the minor supply zone, the market needs to break out above the $61,400 price range first. The market is showing some hesitation in making this recovery towards the minor supply zone, and I will provide further updates soon.

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BTC has been rejected from the supply zone [ which zone i was mentioned in the previous market update ] Currently, it is trading above a horizontal support zone at the 60k price range. I hope the market will grab liquidity below this range, after which it will move towards the minor supply zone mentioned on the chart.

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In the previous market update on TON/USDT, I mentioned that it would complete its FVG zone and then move toward the IDM zone. The market has behaved as expected, briefly touching the FVG zone before rejecting. Currently, it's trading slightly above our IDM zone, and I anticipate that it will complete this zone soon.

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BTC/USDT in 1D tf is strongly recovering from the FVG zone on the weekly timeframe, which I had mentioned in another market update, and it has worked perfectly. Overall, from a longer timeframe perspective, it can be said that the market is pulling back towards the 67k level.

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The order block for CYBER/USDT has completed, and it is recovering from there. If we can hold this order block, we could move towards the minor supply zone, which is in the $3.15 price range.

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