High risk short trade (Bitcoin)
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.
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.
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