Bitcoin chart shows descending Triangle on 4 hour time frame.
Market sentiments are not that good too.
1 More leg down Towards 7900-7950 area is possible.
Watch how price reacts at this region before opening long.
Market sentiments are not that good too.
1 More leg down Towards 7900-7950 area is possible.
Watch how price reacts at this region before opening long.
Trade closed: target reached
Target Reached... If price don't bounce here, more downside possible.Probably will test 7800 and may even break it to reach 7300-7500
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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.