!! BITCOIN WARNING !! HUGE DUMP INCOMING - BULLS BE CAREFUL!
Charts show my chart patterns and how I am reading the current market structure...
BEARISH!
BEARISH!
Note
This idea is still valid to go lower. We pumped more than all bears would have expected, which is nothing new with Bitcoin. We perfectly re-tested the resistence zone of the descending triangle, which I have marked with two red lines. Unless we really break through this zone with volume is when I would invalidate this idea.
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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.