bearish flag forming, potential downside?
Updated
bearish flag forming, potential downside?
Note
Same plan as my SOL trade setup.
Entry target slightly got front-run.
However, I would remain patient and would be more confident to enter if BTC were to hit $40-40.5k region at the same time.
Good region to TP if in longs.
Note
Another short setup which i think it has a higher probability of hitting as i am still expecting higher on BTC. Would definitely be very cautious and monitor BTC closely before entering. Also ETH is a wild card that could just pump and bring the rest of the Alts up.
Note
have to say that the channel is well respected
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