the6ylal

BTC Bear Flag and Rising Channels

Short
the6ylal Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
As you can see, we are in a confirmed two-layer ascending channel structure.

We have already been rejected by the ma200/W.

This decline brought with it the bear flag formation, which is a continuation / decline formation.

As for the ascending channel breakout, it looks like it will show us a deeper bottom.
Trade active:
The lower band of the channel region has been reached, I suggest you take a position according to the breakout or reaction.
Trade active:
Channel is broken.
Trade active:
TP1 reached. May it be beneficial.

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