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Juvssss
28 sty 2022 14:02

#Bitcoin Potential Bear Flag Short

Bitcoin / U.S. dollarBitstamp

Opis

Hi everyone,

Thank you for considering reading my idea.

I think we are forming a bear flag with two potential targets.

Target 1: If we break down the lower line of the flag, target could be at $29,000.

Target 2: If we get supported and break R1 but get rejected on R2, target could be at $30,800.

Let's see if this pattern will get invalidated.

Thank you for reading my idea. Like this idea and follow me for more analysis like this. NFA . TAYOR. DYOR.

Follow me on my Twitter as well linked below.

Cheers,
Juvs

Komentarz

Break down then a retest as resistance

Komentarz

Bitcoin spent a lot of time on R1 but then broke down

Komentarz

Invalidated!

Komentarze
Eddie_Regal
40k would be my guess before the next dump, but I think we are heading into a much larger correction.
danaman001
Nice chart, I prefer target 1.
adamjomha
I hope you're right, I also have some buy orders around 30k. Nice chart
GiyuuuSan
nice display and idea, i prefer target 2, after retest 40-41k and EMA 21
Leo-btm
nice display of chart
simpsonepic1a
39k done deal now 29k
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