BitcoinShort
Bitcoin Ascending Channel
Hi everyone,
Thank you for considering reading my idea.
On my last idea, I mentioned that we could be forming a higher high but it only went as high as 25.2K (1.272 level of fib retracement or 0.5 level of a bigger fib retracement)
I also mentioned it could be an ascending channel which is a bearish pattern. Target of this pattern is at 19K which would form a new lower low.
Thank you for reading my idea. Like this idea and follow me for more ideas like this. NFA. TAYOR. DYOR.
Cheers,
Juvs
Thank you for considering reading my idea.
On my last idea, I mentioned that we could be forming a higher high but it only went as high as 25.2K (1.272 level of fib retracement or 0.5 level of a bigger fib retracement)
I also mentioned it could be an ascending channel which is a bearish pattern. Target of this pattern is at 19K which would form a new lower low.
Thank you for reading my idea. Like this idea and follow me for more ideas like this. NFA. TAYOR. DYOR.
Cheers,
Juvs
Related publications
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.