MUST READ THIS UPDATE 👇🏻👇🏻👇🏻
BTC UPDATE:
After the PUMP to 64.k BTC faced a sudden DUMP, BTC breakdown the symmetric triangle at the price of 61.8k and we see a massive fall to 59k so which is enough fall according to the pattern.
And currently BTC is trading a bit above from it's 1D Support in case BTC breakdown the support we will see correction to nearly 56k-58k or maybe 50k-52k because 56k-58k is not so strong Support Area.
1 Week TF UPDATE:
So as I told BTC has made Cup Pattern on 1 week time frame and still yet we didn't even see a breakout or the breakdown of the pattern and after the DUMP price is stayed at bottom of the cup handle so this pattern is still valid and indicating a Bullish reversal until it breakdown.
As it's on 1 Week TF so it May need 1 or 2 month to happen and I already told that BTC will be extremely BULLISH in MAY month.
CONCLUSION:
We can short BTC on the breakdown of the support ( Price falling below 59k ) with candle closing targets should be till 56k-58k.
If it failed to breakdown the support then it will follow the Cup Pattern and BTC Will be bullish and probably higher targets will be achieved.
For long entry wait for my next signal, otherwise you do your own research.