Possible SHORT Scenario
Updated
This chart is to be used only for study purpose. Do not take as financial advise.
Reason why I think it will go downward: lately every time btc foTarrms a triangle, it breaks the opposite. This is an anscending triangle, so based on the other timeframes, it should break downwards this time too.
Target 1: 8662
Target 2: 8299
Stop loss : break out upwards of the channel.
Keep it smart, boiss
Comment, let me know your ideas
xitacrypto
Reason why I think it will go downward: lately every time btc foTarrms a triangle, it breaks the opposite. This is an anscending triangle, so based on the other timeframes, it should break downwards this time too.
Target 1: 8662
Target 2: 8299
Stop loss : break out upwards of the channel.
Keep it smart, boiss
Comment, let me know your ideas
xitacrypto
Comment
Idea invalidaded. Channel broke upwards.
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.