Hambooger

Another Triangle Update (January 26th 2021)

Short
COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin /USD (January 26th 2021 through February 2021)

Low: $22,971
High: $32,636

Sending it with another short term triangle idea reassessing from previous charts. No idea which one will be right but I can see this being a potential scenario as well. Of course it could always turn into a descending triangle or a channel as well but the clock seems to be ticking a bit. Not 100% sure if this will result in future bullish or bearish but I'm leaning towards bearish .

Related ideas attached below:

Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!