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DecisionDoji
Apr 5, 2020 10:40 PM

Bitcoin ( $BTC 12h) the trend is your friend but this is the end Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Every time the price it a line it weakens it. After 3 times it is very much more likely to break that line.
The trendline that I drew is already at a 4th touch so I speculate on a breakdown.
Which should correspond with a return of volumes.

As time goes by, I will keep you updated on the evolution of the coin, so make sure to follow me on Tradingview
Disclaimer: This is not financial advice as I’m not a financial adviser.
This is just my knowledge on what can be said and done from the chart.
Due to the volatile nature of the market, everything can change on a day to day basis.
Everyone is wise to manage their risk properly when considering any trading decision or activities.

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