ShanghaiBTC

Crab and Cypher bear pattern forming after consolidation

Long
OKCOIN:BTCUSD   Bitcoin
Cypher (purple) and smaller Crab (green) bear patterns both forming after the price consolidation. Waiting for a break in the downtrend line and break of resistance at 237 to confirm the break out to the CD leg with a target of 239-240.
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.