BITCOIN FRACTAL, BEARISH. BREAK THIS LEVEL = MAJOR DOWNSIDE.
Warning sign as Bitcoin (XBT) finds resistance below previous range low (red horizontal). Stops taken above, is bitcoin
preparing for major downside? Confirmation on swing shorts would have to a break of the major pivot holding price currently.
preparing for major downside? Confirmation on swing shorts would have to a break of the major pivot holding price currently.
Note
double bottom taken out, for bullish bias we need to get above origin of the stop runNote
Note
careful ladsNote
major downside = major downside
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.
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.