BTCUSD - Bearish Dimond Forming?
Last night we spotted a bearish divergence on the hourly chart and the pattern broke down more than 4% almost immediately. We are currently eying a potential bearish diamond in the mid-term, signifying a trend reversal. If this pattern breaks down, our next support is at the monthly close, low 9K region.
Let us know if you like this type of quick real-time analysis.
Cheers and happy trading :)
Let us know if you like this type of quick real-time analysis.
Cheers and happy trading :)
Trade closed: target reached
And the SHORT is now Closed :)
Smart Crypto Association [ SCA ]
Related publications
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.
Smart Crypto Association [ SCA ]
Related publications
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.