Get started
harisonhbn9718

Bitcoin show a bearish flag simetric triangle!!! Short Position

Short
Bitcoin (COINBASE:BTCUSD)  
harisonhbn9718  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Beyond Technical Analysis BTCUSD Bitcoin (Cryptocurrency) bearishtrend Bearish Flag Cryptocurrency cryptocurrencyanalysis
1
3
trendanalysis chartpattern beyondta btcusd bitcoin bearishtrend bearishflag cryptocurrency cryptocurrencyanalysis
Today, Bitcoin still bearish in H1 timeframe and we see that the trend it's going to make a reversal. So, I'm still in short position until the $17,020 USD. You can to put your short position entry in the market price with a SL at $17,800 USD and a target profit will be $13,400 USD.

snapshot

As we se in H1, we are into this bearish chartist pattern of continuation of the trend; in that case it's turn bearish in intraday

So, at the moment, we can to form any chartist pattern, but remember that as we broke down the support key in H4, we found out that Bitcoin it
s weakness!!!





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.