High risk short trade (Bitcoin)

2022년 11월 17일

High risk short trade here , bearish continuation pattern , target of a breakdown of this triangle would be 13.8k.

Volume declining rapidly.

1.618 Time Fib hits in 3hours and 15mins from this TA , that's 5pm UTC +1.

13.8k target is a interesting number because it is infact the 618 level from the last cycle .


Which could drop down to his zone.

There many confluence areas and angles to draw this support line really , lets see what happens a close under this triangle would signal to the move.