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cyatophilum
9 de Ene. de 2020 10:26

Rare price range narrowing before huge move Corto

Bitcoin / TetherUSBinance

Descripción

I think the next coming days will be decisive for the next huge move of Bitcoin.
The resistance, in white, is getting pretty close to the support, in red.
We could see this has a descending triangle which is a bearish pattern and has more probabilities to be followed by a drop.
There is still a chance of a resistance breakout for a bull run to happen.

If I were holding BTC I would wait patiently in a stable coin and see what happens.

Indicator used:
tradingview.com/script/RrHSgdQK-Cyatophilum-BITCOIN-Daily-Indicator/

Always eager to hear about your strategy.
Comentarios
tttdiff
That's a bearish triangle. if you measure the width of triangle- seems TP is 2K. Whats your Target Price?
cyatophilum
@tttdiff, Thanks for your comment, but it's not going back to 2K..
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