xiucat

BTCUSD Short-term correction

Short
BITFINEX:BTCUSD   Bitcoin
Descending Broadening Wedges

- 1-2-3-4 shows a clear uptrend in DBW pattern, and it was raised over 50% from 2 to 4. Pullback may follow.
- Therefore, a correction could be coming, ONLY IF A-B-C is formed, then it will go down to D.

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.