Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Trend-Is-Your-Friend Bitcoin Daily Blue-Print (99.9% Accurate)
Bitcoin
Short
Trend-Is-Your-Friend Bitcoin Daily Blue-Print (99.9% Accurate)
By UnknownUnicorn3237473
Follow
Follow
Jun 4, 2023
9
Cheer
Cheer
Jun 4, 2023
Blueprint of Bitcoin on Daily.
Markets are going to have their liquidity drained from the markets. I will assume Bitcoin will follow the stock market. For now the trend is down.
Bitcoin got rejection off of the 50 Daily MA a few days ago, and a 13-Count sell signal as well with a 9-Count on the 4Hour that same day. (5/31-6/01)
Bitcoin got broken down from a rising wedge, with negative divergences (declining VOL on rising wedge pattern)
Bitcoin then formed a Head&Shoulders pattern, which we have broken down below the neckline, then making LowerHighs & LowerLows on daily.
I assume we will have a sell off for the next 4 months at least.
Goodluck, happytrading & #NFA
9k
accurate
AI
Beyond Technical Analysis
Bitcoin (Cryptocurrency)
Technical Indicators
short
Trend Analysis
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
.