Here we can see BTC is in a bear flag, but in the short term we are at our support of the bear flag. After failing to breakout, BTC has fallen back to support. This is only a scalp long for me. If we break our support trend line we could see some crazy downwards movement but in the short term we are fine.
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.