Bitcoin Dual BARR Top - Bearish Setup w/ Many Whipsaws
BARR tops can be seen across markets at the moment, but this is the first potential Dual BARR top that I've noticed so far.
This ending is complicated and trading this is basically not worth it until it breaks out of either trendline.
I'm sitting it out and then probably shorting it since 60K USD is not sustainable at this point in time.
It's also not a proper hedge against inflation.
-BitPigBitPig
BITBAY:BTCUSD
BITBAY:BTCUSDT
TOTALTOTAL2
BTC1!
This ending is complicated and trading this is basically not worth it until it breaks out of either trendline.
I'm sitting it out and then probably shorting it since 60K USD is not sustainable at this point in time.
It's also not a proper hedge against inflation.
-BitPigBitPig
BITBAY:BTCUSD
BITBAY:BTCUSDT
TOTALTOTAL2BTC1!交易進行
Nevermind.. i think the better part of the entire Nasdaq is showing the same pattern - its just extremely complicated even compared with BTC. Here's AMZN chart that is probably not labeled quite right, but the basic picture is there.It would explain the insanely long horizontal action for so many months as well.
交易進行
Recommend selling here.交易進行
Next BTC Targets:交易進行
Terminal Pattern Seems to Be Confirmed by two false "e wave" breakouts in either triangle. Short setup is about as good as it gets here, cover above 53k:
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。