BITCOIN - Pullback & Continuation in a Downtrend
Hello friends! Use this simple technique to determine your entries & exits during a trending market. While the price is making lower highs and lower lows (=Downtrend), we can see small pullbacks to our previous support before another move towards our next support. We can see a completion of the Rising Wedge pattern around the 6800.00 area (previous low) from where i expect the market to go sideways and / or reverse.
cheers,
cryptobuller
___
Disclaimer: Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
cheers,
cryptobuller
___
Disclaimer: Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
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.