TradingView
dRends35
Sep 28, 2022 6:13 PM

BITCOIN - Probably Forming A Continuation Pattern To Go Lower Short

INDEX:BTCUSD720
Bitcoin all time history indexINDEX

Description

⋅
When BTC gets stuck on a horizontal its rarely good news and that is what appears to be happening here.

In addition that horizontal is a key fibonacci area and so if it breaks below then it could be a big drop.

These sudden micro pump-dumps are also not good for upside potential, they are building downside cause potentially.

Not advice.

Comment

⋅
Btw guys the group is now open and its entirely free for now with a 1 hour vid to begin. Check my status for details 👍🏻👍🏻👍🏻.
Trend AnalysisContains image
Comments
PanicS3ller
⋅
Agree 100% with this update mate!
dRends35
⋅
@PanicS3ller, Thanks, nice name 😄.
Tradersweekly
⋅
I agree with you. In my opinion it will go much lower.
Solldy
⋅
Great explanation of the analysis! Interesting what timeframes do you use most often in your analysis?
CrashWhen
⋅
How's the group going? My phone is in the repair shop
dRends35
⋅
@CrashWhen, Ah ok, I wondered where you'd gone 😄.
Walter_White_2021
⋅
@CrashWhen, I don’t you ask me but I am in dRends35’s group and he is being very modest/humble with his “ah, ok.” I always found his Ideas on TradingView more accurate than most and found his analyses very helpful in what I myself am trying to do from day to day in the markets. But his new group has far exceeded my expectations. You should check it out, man.
More