Manuel49

Daily View on Bitcoin

Short
BITFINEX:BTCUSD   Bitcoin
Bitcoin seems to be forming an ascending triangle. There was a previous Bat pattern formed and it looks to be creating another possible bat pattern. The completion of the bat pattern would be a bounce off of the lower trend line and would complete the C point for either the Gartley the Bat or a Crab Pattern. We are currently at the sweet spot zone and could possibly see a reversal in this area to also paint the C point
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.