solidgold

Btc bear flag

Short
solidgold Updated   
COINBASE:BTCUSD   Bitcoin
We saw an impulse up from an ascending triangle get rejected at our middle bolinger band forming a rising wedge. The wedge has sense broken south and forming a bear flag. If indeed a bear flag. We use pole length to determine trajectory which would fall right in line with a previous level of support around 3100




Comment:
Another impulse up? Looking like an ascending broadening wedge
Comment:
Comment:
Bull cross fake out ! 50 tried to go vertical of 200 but rejected on hourly and 4 hr charts forming a death cross!
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.