BITCOIN (BTCUSD): Bearish Reversal Confirmed?! ₿
https://www.tradingview.com/x/NyCV704T/
I see 2 strong bearish patterns on Bitcoin chart on a daily.
The price broke and closed below a support line of a wide horizontal range.
Within the range, the market also formed an inverted cup & handle formation.
Its neckline was also broken.
These bearish signals make me think that BTC may easily drop lower.
Closest support - 53200
❤️Please, support my work with like, thank you!❤️
I see 2 strong bearish patterns on Bitcoin chart on a daily.
The price broke and closed below a support line of a wide horizontal range.
Within the range, the market also formed an inverted cup & handle formation.
Its neckline was also broken.
These bearish signals make me think that BTC may easily drop lower.
Closest support - 53200
❤️Please, support my work with like, thank you!❤️
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
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.