Possible Bear flag pattern
Updated
I'm not a financial advisor, and investing in cryptocurrencies involves risks.
The Bear flag pattern on a chart might indicate a potential downward move, but it's essential to consider various factors.
If the market condition continues to be bullish we might break to the upside.
The bearish target is around 2$
The bullish target is around 8.5$ but might go up high to 12.5$.
I have a spot bag with a good entry here but will open the hedge short once the Bear flag starts to break.
AIUSDT AI/USDT looks similar and I'm in
The Bear flag pattern on a chart might indicate a potential downward move, but it's essential to consider various factors.
If the market condition continues to be bullish we might break to the upside.
The bearish target is around 2$
The bullish target is around 8.5$ but might go up high to 12.5$.
I have a spot bag with a good entry here but will open the hedge short once the Bear flag starts to break.
AIUSDT AI/USDT looks similar and I'm inNote
I'm waiting for a PUMP but first, we see “the death of crypto”No leverage or futures, just a spot. Stop/short at around 5$ candle
Order cancelled
Looks bullish.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.