BTCUSDTPERP shows a bearish signal => To short!!!

Short

Bitcoin / TetherUS PERPETUAL CONTRACT (BINANCE:BTCUSDT.P)

BINANCE:BTCUSDT.P Bitcoin / TetherUS PERPETUAL CONTRACT

Trend Analysis

trendanalysis

BTCUSDT.P

BTCUSDTPERP is forming a downtrend triangle. As shown, BTC is showing a bearish signal.
It would hit the support before breaking or not the bearish triangle. If BTC breaks the triangle in downtrend, the bearish trend will continue. If it breaks the triangle in uptrend, we would see a bullish trend.

Stay tuned and enjoy!

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