By Checking the 4H chart you will see an ascending CUP AND HANDLE Chart pattern that is completing it's self
It is on of the cause that makes bitcoin bearish
Also if you look in ''BTCUSDSHORTS'' The Ratio of Short positions in BITFINEX exchange is in a Strong support area.
The sharp Decreasing wave after confirmation will be continued Until 17K
It is on of the cause that makes bitcoin bearish
Also if you look in ''BTCUSDSHORTS'' The Ratio of Short positions in BITFINEX exchange is in a Strong support area.
The sharp Decreasing wave after confirmation will be continued Until 17K
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.
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.