BTC chart pattern is matching the Bearish Dragon Pattern.
Bitcoin has been consolidating inside this symmetrical triangle which is a continuation pattern.
Most likely Bitcoin is going to break to the bottom.
Using the Dragon pattern I charted a bearish setup with stop loss and full take profit target.
Please take profits on the way down.
This is just an informational analysis and not a financial advice.
Bitcoin has been consolidating inside this symmetrical triangle which is a continuation pattern.
Most likely Bitcoin is going to break to the bottom.
Using the Dragon pattern I charted a bearish setup with stop loss and full take profit target.
Please take profits on the way down.
This is just an informational analysis and not a financial advice.
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.