Get started
bittuminati

Possible downward pull for BTCUSD!

Bitcoin (BITMEX:XBTUSD.P)  
bittuminati Updated   
BITMEX:XBTUSD.P   Bitcoin
Trend Analysis Chart Patterns Bitcoin (Cryptocurrency) Rising Wedge
6
0
trendanalysis chartpattern bitcoin risingwedge
A descending triangle can be spotted forming after the rising wedge was retested.

snapshot

I believe, A possible downward pull can happen. The H&S, Double Top(-0.5%), rising wedge also hinting selling pressure.
Comment:
Better and Bigger descending triangle.

snapshot
Comment:
15M

snapshot

Related Ideas

bittuminati
Uncertainty? Don't get liquidated. Its 50-50 to up and down.
bittuminati
Good Opportunity to Short Again.
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.