Bitcoin / TetherUSShort
descending triangle
Could be looking for +-14% drop in price after confirmation.
Descending triangles are a bearish formation that anticipates a downside breakout. Symmetrical triangles, where price action grows increasingly narrow.
Descending triangles are a bearish formation that anticipates a downside breakout. Symmetrical triangles, where price action grows increasingly narrow.
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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.
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.