Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
BTC on the downtrend
Bitcoin
BTC on the downtrend
By ZeeshanRaza
Follow
Follow
Jul 20, 2021
3
Jul 20, 2021
BTC will most likely hit the two targets in the coming days...
1st the one of 27422 that is based on the calculation of the ascending triangle it broke on the Daily Chart.
2nd is the 22000 mark, based on the breaking of a much older pattern of a bearish pennant. on the Daily Chart.
(fingers crossed)!!
Would need to see a green candle closing above the 0.618 level on the weekly chart to hope for any different outcome.
Chart Patterns
Technical Indicators
Trend Analysis
ZeeshanRaza
Follow
Also on:
Related publications
BTC Stuck in a Bearish Pennant
by ZeeshanRaza
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
.