ARESABI

BITCOIN - Pullback & Continuation in a Downtrend

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COINBASE:BTCUSD   Bitcoin
Hello friends! Use this simple technique to determine your entries & exits during a trending market. While the price is making lower highs and lower lows (=Downtrend), we can see small pullbacks to our previous support before another move towards our next support. We can see a completion of the Rising Wedge pattern around the 6800.00 area (previous low) from where i expect the market to go sideways and / or reverse.


cheers,
cryptobuller

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Disclaimer: Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only

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