Is Bitcoin due for Breakdown ?
Observation Daily Chart of Bitcoin
1) Price has formed a triple top formation .
2) Price is forming a Bear Channel .
3) 9 Ema on the verge of crossing the 21 .
What can happen .
1) Prices is at a critical level.
2) If the price breaks out of the Bear Flag we could see a major
Breakdown.
3) The positive my Volume Spread Analysis is showing me currently
Temporary support at the Support Line . But should it break
a short trade could be had .
Caution :- I am not a registered Adviser . My opinion has a good chance of being wrong . So please do your own research before coming to your own conclusions.
1) Price has formed a triple top formation .
2) Price is forming a Bear Channel .
3) 9 Ema on the verge of crossing the 21 .
What can happen .
1) Prices is at a critical level.
2) If the price breaks out of the Bear Flag we could see a major
Breakdown.
3) The positive my Volume Spread Analysis is showing me currently
Temporary support at the Support Line . But should it break
a short trade could be had .
Caution :- I am not a registered Adviser . My opinion has a good chance of being wrong . So please do your own research before coming to your own conclusions.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.