raidenfx

Bitcoin Descending Triangle

Short
BITSTAMP:BTCUSD   Bitcoin
Hi, Raiden Here. My first post of many to go here in tradingview. Watching bitcoin I see that we have lower highs with the same support of around 30k. if the pattern is true we should see a lower high then fall in the near future then eventually a break below 30k. What concerns me though is the fact that with this pattern price doesn't come from a downtrend but an uptrend so we just have to see how it unfolds. Leave a like if you like this analysis also follow me as I will be posting setups and ideas from crypto, stocks, and forex going forward. Thanks! Have a blessed one!

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