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martinbrits28
Apr 8, 2020 12:33 PM

BTCUSD: The road map shows DOWN, DOWN, DOWN ... for now Short

Bitcoin / USD CoinBinance

Description

This is why i am BEARISH:

* BTC is trending in the blue descending channel
from July 2019 (Bearish)
* Currently it finds in a rising wedge (brown) -
(Bearish).
* It encounters the top of the descending channel
which probably would push it down.
* A huge falling wedge (black) is busy forming
to support my Bearish bias
* We still have a gap to close at $3570
Comments
Max0909
why u know 3k5 still a gap, i dont see it in any exchange ?
martinbrits28
@pinonhok,

martinbrits28
@pinonhok, Since 15 Feb 2019
martinbrits28
@pinonhok, It only shows on the 4hr chart
Max0909
@martinbrits28, oh now i see, tks u
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