RiskitForABisquit

Very Bearish Patterns Arising

Short
POLONIEX:BTCUSDT   Bitcoin / Tether USD
Keep it simple.

We seem to be forming the right shoulder of a MASSIVE H&S, inside of a larger Descending Triangle. The neckline ironically happens to be falling at the .618 Fib Retrace. A breach of this floor will send us spiraling down to next strongest VPVR area for 2019 at roughly $5k.

Time Will Tell.
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.