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nfjr2716

BITCOIN TESTING TRENDLINE-EXPECTING A BREAKDOWN

Short
Bitcoin (BITFINEX:BTCUSD)  
nfjr2716  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns BTCUSD Bitcoin (Cryptocurrency) BTCUSDT
7
2
trendanalysis chartpattern btcusd bitcoin btcusdt
Bitcoin is now rejecting the previously broken trendline as well as the top of the current channel. If this pattern plays out, I expect a new low for bitcoin. A break above and successful retest of the trendline would invalidate this idea.
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THIS IS NOT A TRADE SIGNAL, DO YOUR OWN RESEARCH.
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