jthrasher

BTC hourly bearish structure breakout

jthrasher Updated   
COINBASE:BTCUSD   Bitcoin
Broke out of this descending channel, which is in a descending triangle, which is in a larger descending triangle - all clearly bearish structures. Micro timeframes have broken out of falling wedge in what looks like a retest of the smaller descending tri breakout.
Comment:
Couple different paths I see for the bigger picture
Comment:
nice rebound off the range lows but still not out of the larger bearish structure. another rejection on a push attempt would be a short signal imo

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