$BTC Next Move: Fake Out Ya Real Breakout? 🤔
The market is currently in a critical resistance zone. Look closely at the chart—on the 4H timeframe, a double bottom is forming, but the volume is still missing.
Here are 2 possible scenarios:
Scenario A: If the level breaks with volume, then we’ll see the next leg upward.
Scenario B: If there’s a rejection, we’ll come back to test the support below.
Don’t enter in FOMO from below. Wait for confirmation, and always keep risk management as the top priority.
What do you think? Up or Down? Let me know in the comments below! 👇
$BTC #Crypto #Trading #BinanceSquare #TechnicalAnalysis
The market is currently in a critical resistance zone. Look closely at the chart—on the 4H timeframe, a double bottom is forming, but the volume is still missing.
Here are 2 possible scenarios:
Scenario A: If the level breaks with volume, then we’ll see the next leg upward.
Scenario B: If there’s a rejection, we’ll come back to test the support below.
Don’t enter in FOMO from below. Wait for confirmation, and always keep risk management as the top priority.
What do you think? Up or Down? Let me know in the comments below! 👇
$BTC #Crypto #Trading #BinanceSquare #TechnicalAnalysis