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Caprison
Jan 16, 2021 3:14 AM

Scalping time frame short? Short

Bitcoin / United States DollarCoinbase

Description

In the two hour time frame, a triangular formation is forming, and price is starting to move down from the upper green trendline.

On the bottom, there is a trendline highlighted dotted yellow, which was formed at the initial pullback from the 43K highs. I believe it may retest this line in the near future. Will probably bounce off?

So short near term scalping range.
Still looking bullish in the daily range.
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