BTC BEAKDOWN THIS BEARISH FLAG PATTERN!! WHAT's NEXT?
Updated
Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#BTC(Update)
BTC breakdown this bearish flag pattern in the daily time frame and currently retesting it.
if it retests this pattern successfully then according to the pattern it can drop up to 42%.
In case a daily candle closes inside the flag pattern then the pattern will be invaded.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#BTC(Update)
BTC breakdown this bearish flag pattern in the daily time frame and currently retesting it.
if it retests this pattern successfully then according to the pattern it can drop up to 42%.
In case a daily candle closes inside the flag pattern then the pattern will be invaded.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
Note
#BTC UPDATE
BTC daily candle closes below this lower support of this bearish flag pattern which is not good.
According to the pattern, we can drop up to 12k but we have 19k, and 17.6 as support.
To invalidate this pattern BTC needs to close a daily candle above $21500.
Stay tuned
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