Hello, For the last 51 days we've been playing inside this bear flag on the 4 hours chart of BTC/USDT.
Today we broke to the downside and that might cause a huge crash in the price of Bitcoin. What I'm waiting for before opening a short position is a successful retest just to be safer. The price target is set by a mesured move of the fall and that will set us at around 13230.
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.