Get started
Travass143

Coming to a deflection point! Which way will Bitcoin go?

Bitcoin (COINBASE:BTCUSD)  
Travass143 Updated   
COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTC BTCUSD btcusdforecast btcusdlong Descending Triangle btclong btcusdshort
4
0
trendanalysis chartpattern indicator btc btcusd btcusdforecast btcusdlong descendingtriangle btclong btcusdshort
We are finally here. Is this a descending triangle or a head and shoulders pattern. Either way I am locked and loaded. Would love your opinions and comments.
Comment:
Looks like we might know something in the next few hours. It could break upper trend line. Looks like we might retest recent lows and maybe set new ones if no buyers around 3100...
Comment:
If it can bounce off lower trend line we might have one more shot for the bulls. If it breaks I think it will be a flash move downward. Make sure you have stops set or move to tether.
Comment:
Well we got our answer!!!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.