Bear flag on BTC
Well we were right about the drop today. But it stopped as part of a channel that looks pretty bad.
That's a bear flag.
I was really hoping for some bullish action, and still am. But I just scaled in, and my stops are tight. And it looks like... odds are I'll be stopped out.
Going lower... I hope we only go as low as 7.2k
Anything below that (even though I've projected 6700-6900)...
and may the Crypto Gods have mercy on us all.
...
Keep your stops tight. Protect your capital.
Happy Trading.
-SJ
That's a bear flag.
I was really hoping for some bullish action, and still am. But I just scaled in, and my stops are tight. And it looks like... odds are I'll be stopped out.
Going lower... I hope we only go as low as 7.2k
Anything below that (even though I've projected 6700-6900)...
and may the Crypto Gods have mercy on us all.
...
Keep your stops tight. Protect your capital.
Happy Trading.
-SJ
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.