areshkhayatidaryan29052002

Bitcoin/USD, Should you place a buy order for BTC/USD?

CAPITALCOM:BTCUSD   Bitcoin
Downtrend chart patterns have confirmed, bitcoin to be bearish.
With the MACD indicator supporting emergence of a head and shoulder pattern.
And the RSI indicator confirming a small uptrend
up to the new resistance line forming a head and shoulders pattern, which can be broken, due to correction,
and with Ethereum/Litecoin reaching their high, and so many other national outcomes.
Trade closed: target reached

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.