Mushroom_tip

Bear flag broken 4hr drop to 19k

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BINANCE:BTCUSD.P   BTC Perpetual Futures Contract
Hello everyone, if you like the idea, do not forget to support with a like and follow.

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!
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