Bitcoin forming a bearish rising wedge in Daily timeframe. So, you can to put a short position in Daily timeframe like making a sell order limit in the price limit to $39,200 USD. I expect that the asset could to reach down to $34,250 USD approx. You can to put the SL around $41,300 USD and target to $34,250 USD.
Now, in weekly timeframe it's look bearish how I see in this screenshot.
I hope that this idea support you!!!
Now, in weekly timeframe it's look bearish how I see in this screenshot.
I hope that this idea support you!!!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.