Bmoody92

Bitcoin downtrend still in full effect.

Short
POLONIEX:BTCUSDT   Bitcoin / Tether USD
In my prior posts I have been calling for a 5800-6000 price for BTC before we can see where it will be heading. As we saw today we had a symmetrical triangle with low volume. A drop was very likely. Just as the ichi cloud resistance was approaching it fell below perfectly. We can expect sideways action from 6200-6300 until the next drop.
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.