BTCUSDT bearish sign ABCDE pattern
Updated
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- We might see a possible pullback to the lower levels.
- It seems that we have reached the end of our uptrend for now and the ABCDE pattern confirms this.
- This can indicate a possible short.
- We now need to wait for confirmation.
- If we pass through R1 it's possible to hit R2 and then after that even R3.
- This is just my current idea.
- There is always a huge change of different patterns taking shape in these ever-changing charts.
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
If you Find my Charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
- We might see a possible pullback to the lower levels.
- It seems that we have reached the end of our uptrend for now and the ABCDE pattern confirms this.
- This can indicate a possible short.
- We now need to wait for confirmation.
- If we pass through R1 it's possible to hit R2 and then after that even R3.
- This is just my current idea.
- There is always a huge change of different patterns taking shape in these ever-changing charts.
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
Note
This could possibly also turn out as a Cup and handle pattern. If it is, We will continue with the uptrend! Thanks for investininnovation for the commentTrade active
Currently testing this idea.
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Also Sorry for the wrong Heading... Should be BNBUSDT bearish sign ABCDE pattern
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