This is a technical analysis on BTCUSD on multiple time frames.
Everything is explained on the chart itself.
Disclaimer: This is not an investment or financial advice. I'm just sharing an idea for educational purposes.
Everything is explained on the chart itself.
Disclaimer: This is not an investment or financial advice. I'm just sharing an idea for educational purposes.
Note
1 Month - Current candle hasn't closed yet!Note
1 Week - Current candle hasn't closed yet! (even if on the I wrote that it has closed).Note
1 Week - Bear Flag pattern. Current candle hasn't closed yet! (even if on the I wrote that it has closed).Note
1 DayNote
4 HoursNote
All the bearish signals and the bear flag played out as expected.This is very bearish now and will most likely continue to fall down further.
Look at the third picture above to see where support could be found.
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.
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.