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ForexSignalsPro
Sep 18, 2020 9:39 PM

Bitcoin Bearish Short

Bitcoin / U.S. dollarBitstamp

Description

With the popular Head and Shoulder candle sticks pattern identified on the Bitcoin Daily chart, we expect a new bearish trend formation to continue. Looking at the previous support l zone 11109.83 now turned resistance, its possible to say that the retest zone has been identified. Further confirmations should be noted using the 4 hour chart before entry is executed.
Comments
RocketBomb
Have different view)
But thanks for sharing Your thoughts)
RocketBomb
Fatema_Ahamed
informative chart ..thanks for this
PolarHusk
ThanksGoodJob
ForexSignalsPro
@PolarHusk, You're welcome. Thank you for viewing our trading ideas.
VincePrince
Seems logical to me
ForexSignalsPro
@VincePrince, Yes it is logical, Thanks for viewing our trading Idea.
PS Bitcoin H4 confirmation is evidenced... Watch for clear entry. Goodluck
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