Get started
GODsPLAN777

bitcoin Bearish

Short
Bitcoin / TetherUS (BINANCE:BTCUSDT)  
GODsPLAN777  
BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis BTC Bitcoin (Cryptocurrency) BTCUSDT bitcoinusdt Bearish Patterns Bullish Patterns
4
0
trendanalysis btc bitcoin btcusdt bitcoinusdt bearish bullish
As you can see, in the weekly time frame we have an ascending wedge and this is not good at all.

Divergence is also evident

Basically, a rising wedge indicates a falling market.
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.