BTCUSD @ SELL ZONE OUTLOOK, Breakdown the uptrend (Read Caption)

📉 BTC/USD Price Forecast 📉
BTCUSD
BTC/USD has formed an inverse cup and handle chart pattern at the peak of its uptrend. The breakdown of the neckline of this pattern, along with the descending channel, suggests a potential reversal. The price is expected to retrace, supported by increased selling volume.

Key Points:
1. Formation of an inverse cup and handle chart pattern indicates a potential reversal.
2. Breakdown of the neckline and ascending channel confirms the bearish sentiment.
3. Anticipated retracement to key support levels.
4. Increased selling volume supports the bearish bias.

Key Levels:
- Support: 58740, 50850, and 43100
- Resistance: 65630 and 738100

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#BTCUSD #BitcoinTrading #MarketAnalysis 🌟📊

Trade ativo:

📉💰 BTC/USD Trade Update: Ready for Downward Movement! 📉🎯

Traders, a crucial update on BTC/USD:

📉 First Phase Completed: BTC/USD has completed the first phase, retracing to the resistance level as anticipated.

📉 Bearish Signal: A strong bearish candle has formed, indicating potential downward movement in the market.

💰 Profit Potential: We're now poised to capitalize on this downward momentum as BTC/USD heads towards our target zone.

📊 Stay Alert: Keep a close watch on the price action as we navigate towards our target zone, and be prepared to adjust your strategy accordingly.

Let's make the most of this trade opportunity and aim for profitable outcomes! 🌟📉 #BTCUSD #TradingUpdate #ProfitPotential

Comentário:

Again and again take a retracement on ascending channel there formed a double top it'll fall soon keep hold till targets..