🔥 Bitcoin Bear Flag: More Pain To Come?
Yesterday I made an analysis on Bitcoin and the triangle it was trading in. In this analysis I was quite bullish, but sadly BTC gave the entire reversal back, and we're on the verge of falling through the triangle's support.
With BTC falling, the current move through the triangle's support is concerning. We might face a deeper correction in the short term.
$48600 is the main support. If this support fails, I'm expecting more pain, targets at the recent lows.
Happy trading!
With BTC falling, the current move through the triangle's support is concerning. We might face a deeper correction in the short term.
$48600 is the main support. If this support fails, I'm expecting more pain, targets at the recent lows.
Happy trading!
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📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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.