a_propatternfx

Bitcoin for short term bearish after breakout

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a_propatternfx Uppdaterad   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin last week candle shows bearish momentum and just recently break the triangle pattern. Waiting for the retest for a bearish movement towards major support. Overall is still bullish outlook for bitcoin and now currently waiting for the retracement. In the analysis , it seems that it started to build up a falling wedge pattern and currently looking for its bullish rejection in support. The SR Flip point seems like a very good entry point given it provide a bullish rejection in the area. Bullish projection seems to project price back to its highest level in a long term.
Trade stängt: målet nått:
Sell trade reach take profit

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