BitcoinShort
Bitcoin Descending Triangle Short
There appears to be a Descending triangle appearing on the intraday chart with Bitcoin.
Look for a short trade
1. Enter - 36900 ( Between the MAV's)
2. Target - 29900 ( the base extension of the triangle and the initial swing low )
3. Stop - 41000 ( prior swing high)
4. RR = 1.6
Look for a short trade
1. Enter - 36900 ( Between the MAV's)
2. Target - 29900 ( the base extension of the triangle and the initial swing low )
3. Stop - 41000 ( prior swing high)
4. RR = 1.6
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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.
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.