Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
BTC: BREAKSDOWN! LOOKS BEARISH!!
Bitcoin / TetherUS
Short
BTC: BREAKSDOWN! LOOKS BEARISH!!
By CoreCrypto1
Follow
Follow
Apr 8, 2022
4
7
2
2
Apr 8, 2022
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC/USDT update. BTC is not looking good in LTF.
BTC is making a bearish pennant in 1hr time frame and breaks down the pennant. Now, retesting the pennant. If you open longs then keep your SL tight.
Looks like it goes for a test to the
42K
level. If we are able to hold the
42K
level then we can expect a good pump toward the 44k level.
But if the
42K
level doesn't hold then ready for 40k. Overall looks bearish in LTF so stay safe and wait for the right time.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Bearish Patterns
Bearish Pennant
BTC
BTCUSDT
Chart Patterns
corecrypto
Technical Indicators
Trend Analysis
CoreCrypto1
Follow
Also on:
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
.