Bitcoin
Short
Updated

BTCUSD SHORT OPPORTUNITY

269
Potential Bearish Flag. Likely to test the 38.2% Fibonacci Retracement.
Note
snapshot

An alternative way to look at it would be in the form of a h&s reversal pattern that is in the process of completion as shown above.
Note
snapshot

Successful test of the 38.2% Fibonacci Retracement.

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.