Bitcoin / TetherUSShort
BTC to 23000. POI @ 18000 !!
the symmetriacal triangle seems to indicate a continuation of the downward trend. Should the formation be confirmed the price could reach 23000. From there on, either find a support or even reach further to the POI at 18000.
This could however constitute a divergence in the MACD indicator, showing an oversold market and thus inviting the buyers again in the market
This could however constitute a divergence in the MACD indicator, showing an oversold market and thus inviting the buyers again in the market
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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.