BTCUSD - Ready for the storm? Trading in huge bear-flag!

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Hello traders investors and community, there are some interesting things going on with BTCUSD which i want to explain today. We have seen BTCUSD con-
solidating the last days and weeks in the range between 9000 and 13700, this would not hold on forever! As momentum and volume decreases there will be
an shift in price movement, either up or down.
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As you can see in my chart, looking on the 4-hour chart, BTCUSD is moving in a huge channel. Which i detected as a bear-flag. After we had the top at 13700
supply entered the market and BTCUSD felt down to 9200, where its consolidating now and forming a bear-flag. Those patterns are known to break in the di-
rection its origin is, in this case to the downside.
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The RSI is forming some bearish divergence, i am expacting it to touch the oversold region before we go down, also you can see that the 200 and 50 EMA for-
med a bearish cross-over. The 200 EMA is important in this case because we hold it steady in the recent up-trend, you can see it was touched several times
before it felt down and formed the bearish cross-over.
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Also, you can see in my chart, the percentage price projection of the bear-flag that will be intact when we confirmed the bear-flag. Of course this pattern
can also confirm to the up-side (fake bear-flag), but normally it confirms in the direction where it came from, i give the bearish scenario a probability of
75 %. In my chart you can see also the blue trend-lines in which we are trading right now, i am expecting that we will stay in this range till the bear-flag
target has reached. From there we have to look and wait for more information, i would be cautios of opening LONG positions here! A possible scenario
after the bear-flag target has reached would be a second bear-flag!
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This pattern can be either traded aggressive with a immediate SHORT entry, an entry in the sell zone (neutral), or conservative with waiting on confirmation
of the bear-flag. I prefer the second and third scenario with waiting on confirmation of the bear-flag! I will look for a possible entry in the sell-zone and will
add to position in the conservative entry-zone when the bear-flag has confirmed.
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I hope everybody enjoyed my view! May all happiness and luck come to you! Feel free to give a follow or like to support my further analysis!
This information is only educational and should not be used to take action in the markets!
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BTCUSD touched more than three times the 200 EMA, crossover happened and its trading below, bearish signs.

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The writings are squeezed in the chart, hopefully everybody can read.

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High momentum and high volume dump occured

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BTCUSD will go down now

Trade active

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Pulled back from sell-zone. More selling pressure is expected.

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Selling will continue more downside expected

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Thanks for everybody who supports my work! You are the best!

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twitter.com/VincePrince244

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The information provided is for educational purposes only and should not be used to take action in markets.

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ANALYSIS UPDATE: BITCOIN continued to form the bearish determinations and finalize the huge bear-flag formation.

BITCOIN completed the bear-flag formation with a massive breakout to the downside to finally reach important target zones from where it marked a major reversal.