Pro_Fit_Tak_er

BTC's downward trend

Short
COINBASE:BTCUSD   Bitcoin
I charted this about a week ago. I intended to follow energies with the triangles and found their intersections on the downward slope to be a little kooky at first. I added the stair pattern after the second peak on the downslope , copied the lines and pasted them in mirror , ie 1 2 3 4 4 3 2 1, and everything lined up really well. Now you will notice that for the past few days BTC has been bouncing off the top of the downward triangle and finally broke through to enter it again. I have a strong feeling that this will continue as we don't have any support that I can see until about 40k and by that point the trend may carry us a bit lower. Sorry for so many support/resistance lines in pink, it's all part of my process. Let me know what you all think, I value your opinions.

I'm not a professional analyst, this is not investment advice, do your own research for your own investments.
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.