mykkie

Bearish BTC

Short
COINBASE:BTCUSD   Bitcoin
I think The most popular cryptocurrency in the financial market is setting up for an impulsive sell as a rising wedge patter is currently forming on the hourly timeframe chart. A supply from the drawn zone would creat a break in the channel, thus, causing orders above and below to be liquidated which would in the long term lead to a drop in the price of BTC to below the 18k demand zone.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.