Bitcoin / TetherUSShort
BTCUSDT Analysis April 12, 2022
We've become Bearish on Bitcoin, BTC. Two SELL signals fired on Friday April 8, 2022. We've had a Bear Flag pattern forming over the past few months and it's finally triggered. The important Horizontal Support Line at ($40,700) is broken and it looks like we are going further down. Psychologically, we like that ($34,750) level as a bottom area. Technically, we like the ($29,450) level to get gobbled up very quick. We also never thought BTC would go below a price of $40,000 ever again! Not Financial Advice...Trade with Confidence and Control.
BTC. Two SELL signals fired on Friday April 8, 2022. We've had a Bear Flag pattern forming over the past few months and it's finally triggered. The important Horizontal Support Line at ($40,700) is broken and it looks like we are going further down. Psychologically, we like that ($34,750) level as a bottom area. Technically, we like the ($29,450) level to get gobbled up very quick. We also never thought BTC would go below a price of $40,000 ever again! Not Financial Advice...Trade with Confidence and Control.
The future of currency and technical trading is here!
tradinggrey.io | currenshi.io
Not Financial Advice...Trade with Confidence and Control.
tradinggrey.io | currenshi.io
Not Financial Advice...Trade with Confidence and Control.
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.
The future of currency and technical trading is here!
tradinggrey.io | currenshi.io
Not Financial Advice...Trade with Confidence and Control.
tradinggrey.io | currenshi.io
Not Financial Advice...Trade with Confidence and Control.
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.