I think we will bounce once more on $60,000 to form a bear flag, before dropping to break support levels at $55,555 and $50,000.
I'm using a fractal of similar bearish activity, but the last break through $50,000 is likely to take a little longer than the fractal suggests.
I'm using a fractal of similar bearish activity, but the last break through $50,000 is likely to take a little longer than the fractal suggests.
Note
Note
Note
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.
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.