BitcoinShort
$BTCUSD $BTC.X Descending Triangle Forming?
Bitcoin appears to be forming a "Descending Triangle Formation" - forming lower highs since peaking in July.
To add further support to this theory, is the fact that its RSI is forming the same pattern as well, currently brushing up again its green trend line and struggling to break through.
The big test is whether prices can break past $10,511. If prices fail to breach this level we could see a move lower.
To add further support to this theory, is the fact that its RSI is forming the same pattern as well, currently brushing up again its green trend line and struggling to break through.
The big test is whether prices can break past $10,511. If prices fail to breach this level we could see a move lower.
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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.