BitcoinShort
BTCUSD is in a Bearish Rectangle Pattern
The price is consolidating for a while during a downtrend on 1HR time frame.
Bears are catching their breath before pushing the price further down.
No divergences have been noted.
Verdict: Bears to win.
Bears are catching their breath before pushing the price further down.
No divergences have been noted.
Verdict: Bears to win.
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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.