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MANOLIS
Jun 6, 2021 6:27 AM

BTCUSD Will the downtrend continue?  Short

Bitcoin / United States DollarCoinbase

Description

BTCUSD on Daily chart
After a previous important breakdown (Structure) Now the (Support became Resistance).
Price at the moment is consolidating in this symmetrical triangle in a downtrend which is (bearish).
If the breakdown happens a further downside continuation would be expected,
All the details on the chart...
Good Luck.!!
Comments
dsteaves
Love it. Clean and simple. Previous support turns to resistance. I'm waiting on the sidelines.
MANOLIS
@dsteaves, Hi Mate, thank you for your comment. Yep, the market must also adhere to the rules, Let's see how it goes.!!
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