Bitcoin Short Term Analysis: Bullish or Bearish?
Updated
Hello traders!
As you can see, bitcoin is forming a structure (triangle) that is about to be breakout.
This is a very short term analysis of what we expect to see in the next few hours.
Both possibilities are valid (bullish/bearish)
Let see what you guys think, do you think it will be a bullish or a bearish move?
I'll start by guessing that it will be a bearish one.
- Abdulla
As you can see, bitcoin is forming a structure (triangle) that is about to be breakout.
This is a very short term analysis of what we expect to see in the next few hours.
Both possibilities are valid (bullish/bearish)
Let see what you guys think, do you think it will be a bullish or a bearish move?
I'll start by guessing that it will be a bearish one.
- Abdulla
Trade active
Bullish! - This is what I love about those patterns, it really doesn't give you any clues unless it breakouts
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