BitcoinShort
5 reasons to be bearish right now
Updated
1) diagonal trend line resistance (yellow)
2) weekly horizontal resistance (dash red)
3) bearish rising wedge (pink)
4) 1:1 extension from 2019 low to 2020 low
5) Classic ABCD pattern top at 127% (green diamond)
BONUS 6) Covid20, Economy crisis, election
1 reason to be bullish - its volatile, its unpredictable, its bitcoin!
2) weekly horizontal resistance (dash red)
3) bearish rising wedge (pink)
4) 1:1 extension from 2019 low to 2020 low
5) Classic ABCD pattern top at 127% (green diamond)
BONUS 6) Covid20, Economy crisis, election
1 reason to be bullish - its volatile, its unpredictable, its bitcoin!
Note
further short confluence
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