Martinspoon
Short

Construction of a new Bearish Channel Finished?

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
29 views
0
29 0
https://www.tradingview.com/x/DR4GC1dR/

If the current high holds, then this pair might have finished constructing its bearish channel within which we can short. If the channel is not invalidated, then we can stay in positions until price has at least hit either the bottom channel line or the one above it. Note that the marked target will keep changing to the down side as long as price keep loitering above that target line. Hope this little helps.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out