I see no bull flag - I see down signals
1 hour MACD and RSI divergence.
This doesn't look bullish to me. I think she will drop before she goes up.
For clarity, I am long on bitcoin, but I think that this is setting up for a new drop down. News can change it but that's what it looks like to me based on the chart.
This doesn't look bullish to me. I think she will drop before she goes up.
For clarity, I am long on bitcoin, but I think that this is setting up for a new drop down. News can change it but that's what it looks like to me based on the chart.
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.