BTC has formed a symmetrical triangle

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

MJShahsavar

Bitcoin has formed a symmetrical triangle pattern inside the descending channel . Although this is a pre-signal, and there is not enough evidence to confirm it yet, we see a bearish crossover in the Stock RSI indicator. This shows the possibility of a breakdown more than a breakup. However, it is recommended to wait for the confirmed breakout to decide on the trade.

You might be interested in …

Trading View April 8, 2022

Is the BULL MARKET still on? Plus scalping areas for SHIBA INU

Is the BULL MARKET still on? Plus scalping areas for SHIBA INU Bitcoin / Tether KUCOIN:BTCUSDT ConqueringCrypto In this video I go over some ideas about current patterns and price movement possibilities on Bitcoin . […]

Trading View March 24, 2022

Bitcoin is getting interesting

Bitcoin is getting interesting BTC/USD COINBASE:BTCUSD YourWRX Looking at 46k as key level, base there and we can really consolidate, FOMO will work in our favor and longs should be stepping in..

Trading View April 5, 2022

DOGE IN NEW GROWTH

DOGE IN NEW GROWTH Dogecoin / TetherUS BINANCE:DOGEUSDT ehsannatal its seem doge starting a new growth. And i think and bope the price can go higher in 3 high step. That i show by finger […]