Bitcoin (BTC)Crypto News

Bitcoin trades in a bearish triangle

Overall crypto market chart could increase from 78.6% Fibonacci-Rotate intra-day retracement down. If we are on the right track, the crypto market may experience another intraday slowdown. Be aware of one more sideways consolidation before a sell-off occurs.

may have wave c completed, and with the current slowdown for wave d, a bearish triangle looks like a likely scenario. Look for a bearish continuation as soon as the sub-wave “e” of (4) is completely finished.
Bitcoin trades in a bearish triangle, Crypto Trading News
trades sideways. A bearish triangle within wave 4 may be nearing its end or still in progress. Watch for the decline into new lows for wave 5.

Bitcoin trades in a bearish triangle, Crypto Trading NewsBitcoin Cash-Price chart.

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Fusion media or anyone involved in Fusion Media assumes no liability for any loss or damage arising out of reliance on the information contained on this website including data, rates, charts and buy / sell signals. Please inform yourself comprehensively about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment.

Source: Crypto News Deutsch

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