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BTC Bearish diamond 2H & Hanging Man 1D
Bitcoin / TetherUS
Short
BTC Bearish diamond 2H & Hanging Man 1D
By xekronz
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Updated
Dec 3, 2020
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Dec 1, 2020
It looks that we have a bearish diamond on the 2hr chart and a Hanging man candle at daily. I'm out for a moment.
So I think BTC it's going to descend to target 1 and maybe but less probably, target 2. Now, maybe it's time to start looking for altcoins.
Getting out of the channel would invalidate the idea.
Take care, high volatility (and winter) is coming.
Not financial advise, do your own research.
Please comment your opinions and ideas.
Dec 3, 2020
Trade closed: stop reached
Now we are at the 19360_19400 resistance.
If btc broke up then again another opportunity to moon.
There are a lot of good news for crypto
S&P Dow Jones now trying to work with cryptos is a new open door for institutional participation.
We are super bullish but beware, Longs are getting low on CME. Just take care of your risks.
Bearish Patterns
BTCUSD
Chart Patterns
crypto
cryptotrading
diamond
Hanging Man
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