Bank-Cat

Ongoing Bearish

Short
BITMEX:XBTUSD.P   Bitcoin
This chart is based on the assumption that the market situation is not a bull market but a bearish market.
It is believed that the right shoulder is being made through the 5 waves of falling, and with the last 5 waves, there can be a great decline.
This will be nullified when breaking down the drop channel.
In my opinion, indicators moving began to bearish.
STOP : 8240
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.