RSibayan

Bitcoin Descending Triangle + Bearish Divergence

Short
RSibayan Updated   
COINBASE:BTCUSD   Bitcoin
Bitcoin Bearish Divergence Has Yet To Be Fulfilled, This Descending Triangle is itching to break to the downside.

Watch the Bart Move!

Downside Breakout Target: $8062 @ the 0.236 Fib Level.



Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade.

Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get wrecked with your trades.

>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<



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More Power To All Your Trades,
Ron (The Intrepid Trader)
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This Stoch RSI Is Just Itching To Pop Upwards!!!
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Bullish signals.
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Watch $8918, it must hold to keep integrity of market structure, otherwise we drop fulfilling the BART move.
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Upside breakout!
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After the breakout, it's still a reality that the Bearish Divergences have not yet really been fulfilled. Strong bearish signals.
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Breakout Setup Plan
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