Short

Heads up! Falling diamonds!

Probably no one noticed it, but bitcoin has formed a diamond formation on the daily chart. This rare pattern indicates a trend reversal.

This is not a falling wedge my dear bulls.

And the above is not financial advice.

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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.

Related publications

Descending triangle on the daily chart

The coming of the dark reaper

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.