🚨 $BTC Update: Bears Taking Charge! 🚨
The market has already exited the ascending phase 📈 and is now breaking a key simple support line 📉 with a strong, decisive bearish signal 🔴. The large red candle indicates sellers are dominating, and bulls aren’t showing much interest at the moment.
What’s next?
We’re waiting for the all-important confirmation ✅ — a retest of the broken support line (now acting as resistance). If this happens and the price rejects at the retest level, it’s game time! 🎯
💡 The Plan:
1️⃣ Let the market retest the support.
2️⃣ Look for a rejection (like a red candle at the retest).
3️⃣ Boom! Enter the trade 🚀 with confidence!
⚡ Pro Tip: Watch the volume—if it spikes during the retest and rejection, it confirms that bears are in control! 🔍
Let’s see how it plays out. 🧐 Stay patient and stick to the plan! 🛠️
Disclaimer: This is not financial advice. Always do your own research before making any trading decisions.
