Bitcoin
Short

BTC SHORT 'Flag Set?'

Updated
It is supported with 200 MA on 60-chart.
It is forming a small channel on the retracement having fallen since June 27th. It is going to end up with showing a Flag Pattern.

If failing to support 200 MA, existing declining energy will drive down to the price of 8,700 to 8,400. It will be a good opportunity to buy.
It looks like the price to seek a short position entry rather than a long one.
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1h 1h resistance.
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Trade active
Flag pattern, Fullbak snapshot
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15M, short-term short, gartley
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short-term short, target reached. snapshot
Trade active
1H, short
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1H, short-term Long. snapshot
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Do not break through the resistance seems to go down to the AB = CD pattern target value. snapshot
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30min, Falling wedge. snapshot
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30min, target area
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1H, If 50 ma is broken, it can go on at 9200~9180. snapshot
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BTCBTCUSDChart PatternsshortTrend Analysis

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