Bitcoin has formed a big and small ascending triangle on Daily Timeframe.
Currently on a short term downtrend.
Showing a couple of rejection candles on H1 timeframe.
May offer a very good Reward-to-Risk Ratio for a SHORT opportunity.
Currently on a short term downtrend.
Showing a couple of rejection candles on H1 timeframe.
May offer a very good Reward-to-Risk Ratio for a SHORT opportunity.
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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.