MoonTrader

Descending triangle

Short
BITSTAMP:BTCUSD   Bitcoin
The market appears to be consolidating in a bearish descending triangle for the time being.

Short targets at $320 and longer term $250 are still valid. Support has been identified at $347, but it will probably break soon.

BTC Donations:
1JzjmYmk2enL3HPCoruSR7KYQRQ4bkoTR4

Thanks!

Also, anyone who follows my trades and wants 10% off of trading fees on Bitfinex, send me a message.

Related Ideas

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.