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melissalandre1
Aug 31, 2020 9:53 AM

formed a bearish bat within the consolidation triangle Short

Bitcoin / U.S. dollarBitstamp

Description

price is likely to restest the bottom of the
consolidation triangle

the moving average 200 is also located here
which is an important support
after rising very fast (at the same growth
rapidity that it was before july 2019 krash or
december 2017 krash).

it is important for
the price to go and retest that support,
cant keep growing so fast

divergence in mac also approve this scenario

have a nice week !

Trade active

Comments
Bluishlabel
Appreciate the analysis. Also expect the Stock market to crash in the following 2 weeks.
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