PrepForProfit

Bitcoin 1hr Diamond

Long
COINBASE:BTCUSD   Bitcoin
Potential diamond topping pattern on the Bitcoin 1-hour chart. Was expecting a run to $9,350 and a slight pullback this week and now it appears as though we may get the pullback going into the weekly close tomorrow. Level of support I'm watching for on any decline is $8,900(red line), as long as price remains above that level the trend should remain up.

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.