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Btcusdscenario

BTCUSD - RE-ENTRY / Price reverts to the initial entry priceHello Traders! I will re-enter this trade after BTCUSD took me out of the transaction on 0. Most probable we will see here a bullish momentum. Trade Safe! Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to keep it relevant, support us, keep the content here free, and allow the idea to reach as many people as possible. www.tradingview.com
CME:BTC1!Long
by GoodTradeST
Cryptobears feasting on carcass of the bulls..!BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD WEX:BTCUSD This is a short term analysis on the back of a excellent double top formation in the 4 hrs chart.. After the double top with progressive weakening volumes on the second top , a downtrend channel has started.. While i doubt if the neck of the double top will be retested, as the underlying bullish signature still paints the floor of action.. But the present down channel had 2 dramatic event, a symmetrical triangle breakdown and a descending triangle breakdown with bull trap.. But the mystical factor is the downtrend is having repeated ABCD patterns which are inherently bullish and poses a trade threat to the shorters in this weak price fractal structure on the 15mins chart... So i believe the next abcd completion will mark the bullish take over from the potential reversal zone... AS of now, i will have a bearish sentiment, which will change in course of the series of developments as we go down the channel Also note the price momentum divergence...
BITSTAMP:BTCUSDShort
by capsule91
1