DISCLAIMER ON. After the CPI news, Bitcoin is clearly forming descending triangle pattern on the daily timeframe. This bearish pattern has not been confirmed until breakout occurs. For more confirmations, wait until breakout and entry after retest. Entry: 18200 SL: 20300 TP1: 16400 TP2: 14600 Hansley, KSEP21
DISCLAIMER ON. 1. BTCUSDT forming double top in the 4 hours timeframe. rejecting the fibonacci golden ratio 0,618 and supply area (~20460). 2. Potential death cross and bearish histogram on MACD indicator. 3. Wait for retest. Entry: 19700-19800 (entry after retest) SL: 20000 TP: 18628 Analyst: Hansley KSEP21