I'm not a Crypto trader, but I had some free time this morning and decided to poke around a Bitcoin chart. One of the cool things I love about technical analysis is that it doesn't matter the market or the timeframe, the chart is the chart and price action is price action.
I stumbled across this opportunity that looks pretty interesting. After creating a classic reversal pattern at the top, price looks to now be creating a complex retracement, back into previous structure resistance. This would be a nice level to look for a structure based shorting opportunity, if that level were to hold.
Akil
"Had A Lot of Fun Racing Cars This Weekend"
I stumbled across this opportunity that looks pretty interesting. After creating a classic reversal pattern at the top, price looks to now be creating a complex retracement, back into previous structure resistance. This would be a nice level to look for a structure based shorting opportunity, if that level were to hold.
Akil
"Had A Lot of Fun Racing Cars This Weekend"
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