Many tips should be observed:
1. A descending wedge formed on BTCUSDT chart
2. High correlation between BCDUSDT & BCHUSDT may cause a descending trend.
3. Head And Shoulder pattern is forming in BCDUSDT & BCHUSDT.
Because of descending wedge in BTC, then, descending Head and Shoulder may be occurred.
BUT
If candles break the Green line and Symmetrical Triangle would be formed, possibly, Candles can see the higher part of the channel.
1. A descending wedge formed on BTCUSDT chart
2. High correlation between BCDUSDT & BCHUSDT may cause a descending trend.
3. Head And Shoulder pattern is forming in BCDUSDT & BCHUSDT.
Because of descending wedge in BTC, then, descending Head and Shoulder may be occurred.
BUT
If candles break the Green line and Symmetrical Triangle would be formed, possibly, Candles can see the higher part of the channel.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.