Bitcoin / TetherUSShort
[BTC] Bearish midterm trade
Updated
This is how I will trade BTC in a bearish scenario. If we get a good break of the trendline it can be a bearish flag pattern confirmation.
The target of this bear flag are $3300-$3500 levels.
If you win some $$ with this trade, you can buy me a coffee: bc1qejlru267zn25jxzs6p4tgm85el68ggx55eqdaq
The target of this bear flag are $3300-$3500 levels.
If you win some $$ with this trade, you can buy me a coffee: bc1qejlru267zn25jxzs6p4tgm85el68ggx55eqdaq
Note
Important moment. We need a clear break of the trend with big volume. If the price continues flat I will need redraw the flag with a new trend.Order cancelled
It did something like a break of the flag and a pullback. I think the bear flag pattern isn't confirmed.
After touching $6000 the price looks bullish.
If you are in I think the best option is close and recalculate the bear scenario.
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