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4hr Bear Flag (Update)
I went ahead and drew the bear flags out.
Additionally, I measured each "peak" of the flag to the next leg down before the rebound which came out to around 23% each time.
That being said, the possible final leg down will hit around 6.5k.
The G20 Finance Summit is on the 20th (next Tuesday) so the news from there will most certainly affect how the market reacts and should coincide with that date.
I'm just chillin in Tether.
Additionally, I measured each "peak" of the flag to the next leg down before the rebound which came out to around 23% each time.
That being said, the possible final leg down will hit around 6.5k.
The G20 Finance Summit is on the 20th (next Tuesday) so the news from there will most certainly affect how the market reacts and should coincide with that date.
I'm just chillin in Tether.
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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.