BTCUSDT Perpetual Contract
Short
Updated

Bitcoin 1H Chart Rising Triangle

75
Bitcoin 1H Chart Rising Triangle
What do you think? I am interested in different opinions.

Rising Triangle is a trend continuation pattern, which in this case is a down trend.
Note
It's actually a bullish pattern looking at the short term possibilities. Daily chart is still bearish so It might result in a break to the downside. Got to be cautious.
Note
Played the bearish scenario

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.