bitcoin pretty crash flag pennant

Note

Note

for the moment mainly only wicks made it below the 0.236 resistance, denying to break it

Note

this may only be about minutes though. Previously barely reaching the 0.61 level leaves the downtrend well intact.

Note

or another little adam and even double bottom W, is it?

Note

attempting breakout. only breakout above the middle / 0.618 conventionally confirms the pattern

Note

hold on! - better triangle!
dont trade the double bottom yet. Before the confirmation the chance may only be 20% in average. thepatternsite.com/aedb.html
Yet bitcoin crash may be pending and it may just not be worth it to risk trading any short term pattern in opposite direction at this high price

Note

be sure to check this update:

BITCOIN Bubble trend broken. confirmed twice (read description)

Note

time for the second flag pole?

Note

fineregex

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.

fineregex