HayeTrading

BTC Bear Flag - Continuation Down

Viés de baixa
BINANCE:BTCUSD.P   BTC Perpetual Futures Contract
BTC is still in a strong downtrend, with the most recent attempt at a reversal failing to gain steam. Price has created a small parallel channel up off the lows - a textbook Bearish Flag pattern.

Expect the see a break below the lower boundary of this channel for a bearish continuation.

A break below the swing low would be confirmation of continuation of the downtrend.

Still aiming for the big psychological level of 30k mentioned in previous ideas in the charts below - in a downtrend like this, these big round numbers tend to act like magnets. Remaining patient.




discord.gg/mFYvr2bGtu - FREE Trading Chat Rooms
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.