bitgrind

Potential Bottom triangle forming. Retest of 8.2k level.

Short
BITSTAMP:BTCUSD   Bitcoin
Potential bottom triangle forming, if it breaks we can have a healthy retrace to the 8.2k area.
I still believe we are in a strong uptrend. TD sequential topped at a 9 on the 4h chart, but weekly looks bullish and still some room for higher high.
In the short-term i'm biased short.

Not trading advice, please make your own research before investing.
Good trading.
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.