Bear Flag broken on the1D, expected drop to 19-17k

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BTC Perpetual Futures Contract (BINANCE:BTCUSD.P)

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BINANCE:BTCUSD.P BTC Perpetual Futures Contract

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Welcome to this BTC quick update.

BTC broke the bear flag in the 1D time frame that was expected from the last few days. If prices closes below then we now can expect price to touch $19k area of support level at least.

WHY I'M ON BEARISH

1) Price broke the bearish flag pattern.
2) MACD is confirming the Bearish momentum
3) Volume continuously going down
4)"Super trend" breakout on the daily confluence with all signals down.

What do you think guys?

Share your views in the comment section.

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Thank You!

Trading ditutup: target tercapai:

Target reached

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