ScotianBot

Is this a H&S pattern forming in a Descending Triangle?

BITFINEX:BTCUSD   Bitcoin
I sure hope not, but hope isn't a good investment strategy.

There was a descending triangle on a smaller time frame that broke to the downside but quickly regained traction to end up playing out as a bull flag.

It would be nice to see this turn out as a giant bull flag or ascending triangle, but those red candle sticks look hella bearish..

Time will tell per usual.

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.