Bitcoin and bearish patterns!
As part of the bearish scenario for Bitcoin, we could see a continuation similar to the one illustrated on the chart. As we can see, price is currently trading within a descending channel.
A warning for sellers: the yellow zones are important areas where price may react, especially the stronger highlighted zone. Be sure to secure profits and keep your position risk-free whenever possible.
The bullish FTR zone has been lost, and we are now seeing new FTR formations within the downtrend. The market remains bearish until proven otherwise.
We will keep updating the analysis as price develops.
#BTCUSDT D
BTC
As part of the bearish scenario for Bitcoin, we could see a continuation similar to the one illustrated on the chart. As we can see, price is currently trading within a descending channel.
A warning for sellers: the yellow zones are important areas where price may react, especially the stronger highlighted zone. Be sure to secure profits and keep your position risk-free whenever possible.
The bullish FTR zone has been lost, and we are now seeing new FTR formations within the downtrend. The market remains bearish until proven otherwise.
We will keep updating the analysis as price develops.
#BTCUSDT D
BTC
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.