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stanosky

Possible diamond formation on the 4h chart

Short
Bitcoin (BITSTAMP:BTCUSD)  
stanosky Updated   
BITSTAMP:BTCUSD   Bitcoin
Chart Patterns
7
1
chartpattern
Although I'm not sure if this formation is valid when there is a sideways movement, I think it makes sense given my earlier bearish forecast.

This is not financial advice.
Comment:
Comment:
A descending triangle has formed on the hourly chart:
snapshot
Comment:
Descending triangle target reached:
snapshot
Comment:
So many bearish patterns:
snapshot

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