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ksepitb
Oct 13, 2022 4:13 PM

BTCUSD (13th October 2022) Short

Bitcoin / U.S. dollarBitstamp

Description

DISCLAIMER ON.
After the CPI news, Bitcoin is clearly forming descending triangle pattern on the daily timeframe. This bearish pattern has not been confirmed until breakout occurs. For more confirmations, wait until breakout and entry after retest.

Entry: 18200
SL: 20300
TP1: 16400
TP2: 14600

Hansley, KSEP21
Comments
Solldy
This is probably the best publication on this asset in the current market sentiment + I've seen a couple of news that would also support this idea. It would be interesting to know in what order you parse the asset for this idea
SwallowPremium
Very detailed chart!
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