b0mber7341

Potential Bear Flag Could Soon Be Ready To Break BTCUSD 3 Day

b0mber7341 Updated   
BITFINEX:BTCUSD   Bitcoin
I think that this bear flag on both the 3 day chart and the weekly are at the point where a break could happen anytime. I'm leaning much more towards the downside as we are still in a bear market until proven otherwise and the probability of a descending triangle breaking downwards is much more like than a bullish move upwards. You never know until you get the confirmation of the triangle being broken! Be safe and always practice proper bankroll management regardless of your trading approach.
Comment:
Just as a side note, I hope the Holidays are treating everyone well and I give my best wishes to everyone going forward into 2019!
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