#Bitcoin Potential Bear Flag
Updated
Hi everyone,
Thank you for considering reading my idea.
I think we are forming a bear flag with two potential targets.
Target 1: If we break down the lower line of the flag, target could be at $29,000.
Target 2: If we get supported and break R1 but get rejected on R2, target could be at $30,800.
Let's see if this pattern will get invalidated.
Thank you for reading my idea. Like this idea and follow me for more analysis like this. NFA . TAYOR. DYOR.
Follow me on my Twitter as well linked below.
Cheers,
Juvs
Thank you for considering reading my idea.
I think we are forming a bear flag with two potential targets.
Target 1: If we break down the lower line of the flag, target could be at $29,000.
Target 2: If we get supported and break R1 but get rejected on R2, target could be at $30,800.
Let's see if this pattern will get invalidated.
Thank you for reading my idea. Like this idea and follow me for more analysis like this. NFA . TAYOR. DYOR.
Follow me on my Twitter as well linked below.
Cheers,
Juvs
Note
Break down then a retest as resistanceNote
Bitcoin spent a lot of time on R1 but then broke downNote
Invalidated!
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