Bitcoin bear flag on hourly forming
Patterns, patterns everywhere. Continuing the view on bearish signals across multiple indicators, we are seeing a bear flag form on the hourly. Flag to likely fail in the bottom of the rising wedge that broke yesterday. Flag pole target in the 52K region.
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.