Short

$BTC Descending Triangle - Potential Short Setup

We can see that is in a strong downtrend making lower highs and lower lows. Additionally, is forming a Descending Triangle which has a higher chance of breaking down, which would be trend continuation. If price was to get a bounce from here, it could present a nice short entry.

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General Inquiries: t.me/cryptoguru369

Twitter: twitter.com/CryptoGuru369

Also on:

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.