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BTC - 3 Possible patterns for short position
4H candle chart based (BitMex) 3 possible patterns that will support my short position.
1. Descending channel is still going on. (white)
2. Inverted cup and handle pattern is possible (yellow)
3. When the price breaks the Rising wedge pattern, it might go further down.
Unless there will be a high volume of buy within a couple of day (up to a week), BTC price might fall down to around $7680.
1. Descending channel is still going on. (white)
2. Inverted cup and handle pattern is possible (yellow)
3. When the price breaks the Rising wedge pattern, it might go further down.
Unless there will be a high volume of buy within a couple of day (up to a week), BTC price might fall down to around $7680.
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