BITCOIN SHORT !
https://www.tradingview.com/x/95TI65GF/[/im
Bitcoin on the daily TF, created a Bearish engulfing variation. Then going down to the H1 we see that price had created a level of support but was broken by the two bearish engulfing. (Red Box) As well patiently waiting for the LH to form. On the H4, it seems to be creating a Head and Shoulder pattern which is a good sign for reversals.
Bitcoin on the daily TF, created a Bearish engulfing variation. Then going down to the H1 we see that price had created a level of support but was broken by the two bearish engulfing. (Red Box) As well patiently waiting for the LH to form. On the H4, it seems to be creating a Head and Shoulder pattern which is a good sign for reversals.
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.