Get started
Adam_Polinak

Bitcoin Sets a Higher Low After Bearish Double Top on the Hourly

Long
Bitcoin (COINBASE:BTCUSD)  
Adam_Polinak  
COINBASE:BTCUSD   Bitcoin
Trend Lines Support and Resistance Double Top or Bottom BTCUSD BTC
1
0
trendline supportandresistance doubletoporbottom btcusd btc
This is an update from my post yesterday about Bitcoin consolidation. Bulls stay in control as Bitcoin sets a higher low on the hourly even after a double top (very bearish sign) as it continues to consolidate. This is a great sign, look for upward action after the consolidation period which I predict to end within 1-3 days.
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.