BTC has experienced a decline following the breakdown of an ascending triangle pattern. Additionally, it has breached the Ichimoku cloud and is currently retesting below it. A successful retest would signal the continuation of the downward movement toward the marked horizontal demand zone. Conversely, if BTC breaks out above the 100-day moving average, it could indicate a potential market reversal.
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Tsuka_san
· 2024-06-12 10:34
$Tsuka is the best coin out there, 100% owned by the Sangha community. Pure tokenomics. SHIB dev. watch the uprising od the dragon 🐲🐲🐲🐲🐲🐲✨✨✨✨✨✨✨✨✨✨✨✨✨✨✨✨✨✨✨
#Which Memecoins have a strong community?
#BTC/USDT ANALYSIS
BTC has experienced a decline following the breakdown of an ascending triangle pattern. Additionally, it has breached the Ichimoku cloud and is currently retesting below it. A successful retest would signal the continuation of the downward movement toward the marked horizontal demand zone. Conversely, if BTC breaks out above the 100-day moving average, it could indicate a potential market reversal.