TradingView
JuanAlexander95
Jun 20, 2019 3:53 AM

Potential Drop in the next few days for BTC Short

Bitcoin / United States DollarCoinbase

Description

This is my first time really looking into and looking for patterns within a crypto market. I believe that the 4HR chart shows a good ascending channel where price action had just bounced back from the patterns support line. This would indicate that price action will be dropping a few hundred pips within the next 2 weeks before continuing its long-term uptrend.
Comments
JuanAlexander95
Not saying BTC is not gonna go up but every market has a correctional phase. Just capitalizing on what I believe can be a short term sell opp.
aboutpsm
I'm just saying that so many people who posted "short" here got rekt. Sometimes, BTC is going on its way, and nobody can stop it.
More