ergash1982

Possible trend repeat of 2019

Short
BITSTAMP:BTCUSD   Bitcoin
possible pattern to repeat of 2019 relief rally.

same horizontal consolidation below, huge rally afterwards, crossing 200 MA and the falling below 200 MA and going even lower then the lows made before

also same patterns can be found in 2018 and 2014 after big rallies the crash and after consolidation and lows, and then this pattern comes in horizontal consolidation in the lows, big rally over 200MA and then fall below all the lows made before
could happen. just be ready for anything and trade safely

not financial advice
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.