BitcoinShort
Bear Ribbon and Pennant!(Updated Chart)
I apologize for my last chart as I did it from a cell phone. Here we can see a clear sign of a Bear Ribbon/Pennant forming to indicate a continued trend. Usually pointing to halfway through a drop.
With the FED finally lowering its balance sheet, China's Economy is now mainstream news, Global Bond Yield surging, S&Ps report on the economy, and it's still getting worse. We are in a recession!
Risk Off. Recommend a study on Commodities.
(Sorry about the Scaling on the chart.)
With the FED finally lowering its balance sheet, China's Economy is now mainstream news, Global Bond Yield surging, S&Ps report on the economy, and it's still getting worse. We are in a recession!
Risk Off. Recommend a study on Commodities.
(Sorry about the Scaling on the chart.)
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.