ThomasManning

Descending triangle forming with some strong bearish action

Short
BITFINEX:BTCUSD   Bitcoin
Lots of strong bearish volume candles with some major nasty wicks. After no follow through with the higher high this morning, it looks like the market makers are trying to muscle up for some consolidation and likely a new 4 hr EQ pattern!

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.