Bitcoin - Descending Reversal Triangle Pattern
Updated
Easy to spot triangle pattern. I think we could see a bounce now but it will eventually go down and crash hard. I expect the bounce at the lower bottom around 8200 - 9500.
If it successfully bounces now I doubt it will surpass 13500. Use that bounce to get out of the market. Don't be one of the ones left holding the bag!
Like the idea to get updates!
:)
If it successfully bounces now I doubt it will surpass 13500. Use that bounce to get out of the market. Don't be one of the ones left holding the bag!
Like the idea to get updates!
:)
Trade active
If BTC manages to break up that resistance line we are probably going to see a nice bounce coming.Trade active
BTC wasn't able to break the line. I think the next successful attempt will be around 8200.Note
Bitcoin is still very bearish. Will drop once more. Note
BTCUSD creating a megaphone pattern.
Follow the journey of BTC & ZEC:
Art & Coins Feed
t.me/ArtCoinsFeed
Art & Coins Feed
t.me/ArtCoinsFeed
Related publications
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.