BitcoinShort
Descending Triangle in Progress - Bear Market, Sell Everything!
Preparing for worst-case scenario, I present the permabear case.
Descending triangle forming on daily. (72.93% hitrate) according to Samurai Academy.
Breakout of the triangle would also break the HNS (83.04% hitrate) neckline with a ~33k final target.
Please leave a like/comment if you enjoy my analysis.
Descending triangle forming on daily. (72.93% hitrate) according to Samurai Academy.
Breakout of the triangle would also break the HNS (83.04% hitrate) neckline with a ~33k final target.
Please leave a like/comment if you enjoy my analysis.
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Related publications
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.