"Sell Setup" BTC/USD by ThinkingAnts

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar

- After the Break out of the Ascending Trend Line with a previous Bull Trap, Price is on a Pennant Continuation Pattern.

- We will be waiting for a retest of the Minor Resistance zone (top of the Pennant Pattern) and then for a Break out of the structure, looking for a down movement towards 4859.8 to close our position.

- For the full Top and Bottom analysis check our previous post on BITCOIN , linked on the post.


@ThinkingAnts Buddy cool design, I like
+1 Reply
ThinkingAnts IgorPorokh
@IgorPorokh, Thanks for the comment!
+1 Reply
good analysis 10/10
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out