Testing past wedge downtrend line for support is probable.
Bearish Butterfly, target 1 hit before post, target 2 after price breaks out of ascending wedge to fall.
TDI RSI bearish-type divergence.
All lead to probable drop i price for Bitcoin.
Theory: Bitcoin will gain 'power' from ranging within support zone to crossover overall downtrend line.
Bitcoin could be seen as a safe haven in the now distressing times of worry.
Bearish Butterfly, target 1 hit before post, target 2 after price breaks out of ascending wedge to fall.
TDI RSI bearish-type divergence.
All lead to probable drop i price for Bitcoin.
Theory: Bitcoin will gain 'power' from ranging within support zone to crossover overall downtrend line.
Bitcoin could be seen as a safe haven in the now distressing times of worry.
Note
TDI: Traders Dynamic Index.Note: I Forgot to change green colored butterfly with red, but you get the idea.
Trade active
Note
Note
Note
FAILED: FORGOT OVERALL PRICE CHART PATTERN FULLFILLING
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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.