Bear flag broken 4hr drop to 19k
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Welcome to this BTC quick update.
BTC broke the bear flag in the 4hr time frame that was expected from the last few days. We now can expect price to touch $18k-$19k level.
WHY I'M ON BEARISH
1) Price broke the bearish flag pattern.
2)MACD is confirming the Bearish momentum
3) RSI is forming a rising wedge like structure which is generally a bearish pattern .
3) Volume continuously going down
What do you think guys?
Share your views in the comment section.
If you agree with my points then do hit the like button.
Thank You!
Welcome to this BTC quick update.
BTC broke the bear flag in the 4hr time frame that was expected from the last few days. We now can expect price to touch $18k-$19k level.
WHY I'M ON BEARISH
1) Price broke the bearish flag pattern.
2)MACD is confirming the Bearish momentum
3) RSI is forming a rising wedge like structure which is generally a bearish pattern .
3) Volume continuously going down
What do you think guys?
Share your views in the comment section.
If you agree with my points then do hit the like button.
Thank You!
Trade closed: target reached