Bitcoin Deccending Triangle in Daily Chart (breakdown then $7000

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
#btcusd Looking Deccending Triangle.
It means Bearish chart and Selling fresher is high.
We are all Smart traders so we prefer both Condition and with open any position after confirmation .
So there are two Scenario
1st:- Breakupward side and Target will be $15540
2nd:- Breakdown and Target is Our Green box.
So Keep an eye on every updates.
follow My Twitter for more and latest Crypto Updates.
Very Good Analysis. Thanks
Everyone is missing the fact that if the $8k wall is broken we will have a long term downtrend and retesting previous lows is VERY possible.
+2 Reply
CryptoSahab yettymonkey
@yettymonkey, 7.2K is also good Support dear bro
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out