TradingView
pabloggy
Oct 19, 2022 7:05 AM

Descending triangle for preparing next Short

Bitcoin / USDFTX

Description

Descending triangle
• Short+high volume breakdown.
• Possibility of reversal uptrend.
• SL Is the uper line of triangle.

More times is touching the R and S the more reliable.

Descending levels between 18100 and 17500 will announce a possible uptrend.
Keep in mind word scenario can push the price lower.
More