Price Action
BTC showing signs of weakness by forming LL‘s / LH‘s.
Formation
Bearish rising channel
Target
Previous resistance @~10‘500 USD
Probability
Breakdown: Medium
Reaching target: Low
Position sizing
Medium, as Risk Reward Ratio is likely below 3
BTC showing signs of weakness by forming LL‘s / LH‘s.
Formation
Bearish rising channel
Target
Previous resistance @~10‘500 USD
Probability
Breakdown: Medium
Reaching target: Low
Position sizing
Medium, as Risk Reward Ratio is likely below 3
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.
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.