BitcoinShort
Bitcoin Brearish Triangle
Hi dear Traders
It seems Bitcoin is creating a downward triangle
There is some evidence that likely BTC will break down the tringle.
the volume is declining and Cumulative Delta is bearish. smart money flow is bearish too.
I think the momentum of BTC has not enough strength to break up the triangle at this time
It seems Bitcoin is creating a downward triangle
There is some evidence that likely BTC will break down the tringle.
the volume is declining and Cumulative Delta is bearish. smart money flow is bearish too.
I think the momentum of BTC has not enough strength to break up the triangle at this time
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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.