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bittuminati

Descending triangle for LONG liquidations?

Short
Bitcoin (BITMEX:XBTUSD.P)  
bittuminati  
BITMEX:XBTUSD.P   Bitcoin
Chart Patterns Trend Analysis Bitcoin (Cryptocurrency) Descending Triangle
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chartpattern trendanalysis bitcoin descendingtriangle
Smaller Descending triangle to Bigger DT forming in hourly showing way for 8.5k. Where do you think is the breakout going? UP or DOWN. Let me know your suggestions or opinions.

I am expecting a downward pull considering we have a (-0.5%) double top, H&S, Descending triangle, rising wedge all are indicating sell pressure.


snapshot

Idées en relation

bittuminati
Uncertainty? Don't get liquidated. Its 50-50 to up and down.
bittuminati
Good Opportunity to Short Again.
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