TheSignalyst

BITCOIN - BTC/USD - waiting for a trigger to sell

Short
BITSTAMP:BTCUSD   Bitcoin
on WEEKLY: BITCOIN is still sitting around a strong rejection area so we would be looking for objective sell setups on lower timeframes.

on H4: BITCOIN formed an objective descending triangle in red so we are waiting for a momentum candle close below our lower red trendline to sell.

This analysis is done using RichTL
www.RichTL.com

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