BTCUSD 1D Bearish Continuation ???
Bearish continuation symmetrical triangle scenario is correct, then wait for the blue trendline to break before Short BTC. BTC is currently broken around the 0.618 FIBO range (38215).
If the RED 41750 line breaks, this scenario fails.
SHORT Scenario
Area Safe Entry 40940-39578
Risk Entry 38215
Area Target,
33806, 26672
#DYOR
If the RED 41750 line breaks, this scenario fails.
SHORT Scenario
Area Safe Entry 40940-39578
Risk Entry 38215
Area Target,
33806, 26672
#DYOR
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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.