Get started
deoxilix

BTCUSD | June, 2021 | Progression

Short
Bitcoin (BITFINEX:BTCUSD)  
deoxilix  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Head and Shoulders Cup And Handle BTC BTCUSD invertedheadandshoulders Inverted Cup and Handle short
5
2
trendanalysis headandshoulders cupandhandle btc btcusd invertedheadandshoulders invertedcupandhandle short
This idea for BTC progression is based on:
- first dip / correction with an inverted shoulder formation
- and immediately forming an inverted Cup
- with another recursive inverted cup on the way

There by suggesting a general downtrend progression,
until reaching a support below its immediately previous correction.
And then proceeds to bounce back with an expanding wedge .

PS: I'm a beginner, all suggestions are welcome.
Cheers!
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.