YogaID

BTCUSD will drop

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin, as seen on the chart, will likely experience a weakening in the near future after previously breaking the trend line in the 1h timeframe. The trend indicates a decline with the previous impulsive move. Now I see that after a retest of the trendline line on the lower timeframe it formed an ascending broadening wedge pattern. and head and shoulders.

Risk disclaimer! for notification only, not for position entry. Do your analysis
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.