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Ryecatcher
Jan 27, 2021 4:42 PM

Btc not looking great 

Bitcoin / U. S. DollarKraken

Description

Btc is forming a head and shoulders within a descending traingle.

I would be very cautious within this area.

Any sudden crash will bring alt usd pairs down with it, so for now I'm on the sidelines

Btc has tested the $30000 level again a close bellow this level will not be good I will wait for confirmation, a bounce and I can see us head for the upper trend line of the descending traingle at around the $33000 area.

Confirmation is key so I'll wait for the close of the candle.
Comments
Chibuike_Odoh
Nice one mate 👍
Ryecatcher
really appreciate that man
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