FALSE BREAKOUT LEAD TO SHOOTING STAR??!!
Yesterday, I was post about the potential for Bitcoin climbing up after it breaks out the EMA 21,34 & 55.
Today, the market did try to breakout the Resistance Line from Symmetrical Triangle, but the problem is, it still couldn't break the Resistance yet.
And now it's kinda forming a Shooting Star Candlestick Pattern with a confirmation on the next candle, perhaps we could see Bitcoin will try to retest the EMA and maybe if the price couldn't hold above the EMA level, we could see a further rejection on Bitcoin.
Disclaimer: This content is not a Financial Advise.
Today, the market did try to breakout the Resistance Line from Symmetrical Triangle, but the problem is, it still couldn't break the Resistance yet.
And now it's kinda forming a Shooting Star Candlestick Pattern with a confirmation on the next candle, perhaps we could see Bitcoin will try to retest the EMA and maybe if the price couldn't hold above the EMA level, we could see a further rejection on Bitcoin.
Disclaimer: This content is not a Financial Advise.
Aviso legal
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