BitcoinShort
BTC Descending Triangle like 2018
Pretty self explanatory, this descending triangle is looking to play out like November 2018, we are getting closer to the apex of the triangle. Generally Descending triangles are bearish continuation patterns. Why is the target so low, well the CME gap from 2020 is still open at around the 9k level as well... Probability...
This below was also the same scenario in November 2018 for BTC. It is now the 4th year cycle.
Thoughts?
This below was also the same scenario in November 2018 for BTC. It is now the 4th year cycle.
Thoughts?
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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.
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.