Bearish Patterns on Bitcoin
The power of trading patterns cannot be under-estimated.
While there will always be a 'story' that follows the triggering of a chart pattern, solely relying on fundamentals to trade is not stacking the odds in your favor.
We can see numerous bearish patterns that have all triggered. Being able to identify the patterns in the making and then executing, allows you to be on the correct side of the market.
Currently, another bearish pattern in the form of a bear-flag could be forming.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
While there will always be a 'story' that follows the triggering of a chart pattern, solely relying on fundamentals to trade is not stacking the odds in your favor.
We can see numerous bearish patterns that have all triggered. Being able to identify the patterns in the making and then executing, allows you to be on the correct side of the market.
Currently, another bearish pattern in the form of a bear-flag could be forming.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
Nota
Another bearish pattern has been trigger. What a time to be shorting crypto!Nota
Projected move from swing high to swing low confluences with 1.618%Nota
Is this a rising wedge pattern forming?
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.