jackrabbitrage

STF bearish dragon pattern forming

Short
INDEX:BTCUSD   Bitcoin

BTC seems to form a bearish dragon pattern.

Theoretically, the target would be in the green box, whether it is a pullback or the very early signs of a trend conversion.
Close to 25k would be more likely.

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.