BitcoinShort
BTC Bearish Short Term Scenario
This is the bearish scenario short term with BTC. I will be breaking the chart down through bullet points so that it is easy to understand.
Note: My long term bearish scenario is still in play. You can find it below.
- Pattern shows what looks to be a bearish pennant playing out.
- Critical supports still stand at 6100s and 5800s.
- Stoch RSI is showing weak slope trajectory of the rebound despite heavy drop.
- RSI is showing weak slope trajectory of the rebound despite heavy drop.
BTC Bearish Long Term Scenario:
Note: My long term bearish scenario is still in play. You can find it below.
- Pattern shows what looks to be a bearish pennant playing out.
- Critical supports still stand at 6100s and 5800s.
- Stoch RSI is showing weak slope trajectory of the rebound despite heavy drop.
- RSI is showing weak slope trajectory of the rebound despite heavy drop.
BTC Bearish Long Term Scenario:
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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.