Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
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Literally took the left pattern and painted it out to the right. It should play out. Why not? Same time frame, same sentiment, same market, higher placement on the chart. We should test 9.2 k before breaking the downtrend channel and reverse once again after the indicators are reset on larger timeframes. Dont get all Long happy just yet. rather scalp and trade the various channels this will create and hope to catch a trend. Tight stops Friends!!
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Note the clear bearish divergence I have pointed out in red ;) until we break that pattern dont be thinking HODL