BTC.D - 1D - Bear flag?

Updated

NOT A FINANCIAL ADVISOR!

I believe, BTC .D is consolidating under resistance and creating a bear flag .
The target would be around the support green trendline(3). => Alts will have a good time!!!
RSI still has some room to the downside!
- Do see my previous BTC .D analysis and ideas

If this green trendline support(3) holds,
BTC .D can possible reverse at the 64 level and create a double bottom where Alts will NOT have a good time!! :)

Note

BTC .D can possible reverse at around the 57-59(*-!!!Correction!!!) levels and create a double bottom where Alts will NOT have a good time!! :)

Trade closed manually

In case BTC.D breaks 64, It would deny the bear flag idea!

Note

Funny!!

Trade closed: target reached

pedrogarrinhas

Also on:

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.