Short

Descending triangle for LONG liquidations?

Smaller Descending triangle to Bigger DT forming in hourly showing way for 8.5k. Where do you think is the breakout going? UP or DOWN. Let me know your suggestions or opinions.

I am expecting a downward pull considering we have a (-0.5%) double top, H&S, Descending triangle, rising wedge all are indicating sell pressure.

snapshot

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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.

Related publications

Good Opportunity to Short Again.

Uncertainty? Don't get liquidated. Its 50-50 to up and down.

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.