B166ERcrypto

Bitcoin Descending Triangle Could Take Price to 23k

Short
KRAKEN:BTCUSD   Bitcoin
Bitcoin could be creating a descending triangle.

If Bitcoin gets rejected at the resistance line, and breaks through the support line, then Bitcoin will likely fall to the 21 week EMA, which will be located at around 23-24k at about the time a breakdown is likely.

This will also fill the CME gap at 24k.

ROCKET SHIP FROM THERE.

Peace, Love, & Crypto,
B166er

"You didn't come here to make a choice, you've already made it. You're here to try to understand why you made it."
―The Oracle
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.