Bitcoin Bear Flags, Gartley and Three Drives!?
Updated
Looking at this 4hr chart I am seeing a potential 3rd bear flag developing.
I am also seeing the Bullish Three Drives pattern continue to play out.
In addition to these two I see a possible Bullish Gartley forming.
Here is the 1hr chart where you can see how I think this next bear flag might look.
My whiskers are telling me we could see a bit more downside before we get a reversal.
I'll be waiting in the bushes to see what happens!
Owhooooo!
I am also seeing the Bullish Three Drives pattern continue to play out.
In addition to these two I see a possible Bullish Gartley forming.
Here is the 1hr chart where you can see how I think this next bear flag might look.
My whiskers are telling me we could see a bit more downside before we get a reversal.
I'll be waiting in the bushes to see what happens!
Owhooooo!
Note
Mayvbe this consolidation stretches out like this...
Related publications
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.