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financialfreedomgoals101
Aug 19, 2022 10:40 AM

Bitcoin Bearish Sentiment Prevails, Going Downward to 14213? Short

Bitcoin / TetherUSBinance

Description

Hello Fellow Bitcoin Investor/Trader, Here's a Technical outlook of BTCUSDT!

BTCUSDT has formed Ascending Broadening Wedge Furthermore, The MACD indicator created a death cross, indicating potential bearish movement ahead.

All other explanations are presented on the chart.

The roadmap will be invalid after reaching the target/resistance area.

"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the cryptocurrency"

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Comment

H4 Bearish Continuation Pattern

Trade closed: target reached

Target 1 Achieved after Waiting For Almost a Month!
Comments
ProjectSyndicate
neat techical summary and chart for traders
financialfreedomgoals101
@ProjectSyndicate, Thank you for the supportive comment
f4taL1ty
Perfect
Gazzawins
Can’t disagree with that
TheNewsCrypto
Agreed
financialfreedomgoals101
JoeChampion
Agreed!
financialfreedomgoals101
@JoeChampion, Hope the Market will go as we expect it to be!
HAMED_AZ
Agree with you
financialfreedomgoals101
@HAMED_AZ, Big Thanks
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