Bitcoin - Big crash is starting! Bear flag is breaking down
Bitcoin's bear flag is breaking down on the 1h chart! This is a very negative price action, and we can expect a 10% drop in the next few days. What we can also see is a smaller bull flag on the 15m chart, and this flag is breaking down as well as I expected. There are too many bull traps on the bitcoin chart, but I hope you trade it accordingly!
There is not too much support, to be honest with you. I have 3 profit targets, but I really don't want to buy Bitcoin at these levels at all. It's risky and against the main bearish trend since Trump's first day in office. I think we are going to go much lower than 76k, as you probably know from my previous analysis.
This is just a quick update on the 1H chart. Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
There is not too much support, to be honest with you. I have 3 profit targets, but I really don't want to buy Bitcoin at these levels at all. It's risky and against the main bearish trend since Trump's first day in office. I think we are going to go much lower than 76k, as you probably know from my previous analysis.
This is just a quick update on the 1H chart. Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Trade active
It's happening, every pullback is a sell/short.Trade closed: target reached
First profit hit, second profit will probably be hit in a few hours. Do not buy at these levels, because it's against the main trend. The first buy is below 76k liquidity sweep for a short-term bounce.
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💡Join my Premium group (signals, my trades)
xanrox.org/premium
✅Trade here: 0.00% Futures Fees + no KYC
t.ly/y1qAI
xanrox.org/premium
✅Trade here: 0.00% Futures Fees + no KYC
t.ly/y1qAI
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.