QubitLife

BTCUSD: Possible Short (04.10.2020)

Short
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
On the D1 chart, the price is trading in a narrow range, forming a triangle correlation pattern. RSI is in an undefined state. The Ichimoku cloud is directed downward.

On H4, the triangle pattern is more clearly visible.
Trading option for this model is a breakdown level of 10300.

We recommend looking for sales in the direction of price reduction.
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