BTCUSD - Short Term - Bear Flag
Price came down from the top of the parallel channel to the bottom of the channel and an ascending parallel channel typically breaks down.
However, we are in a larger descending channel, which typically breaks up.
So, we expect the the price to fall but not by much before we test upper resistance. We suspect that there will be a lot of wicks here so, look for volume for confirmation!
Happy Trading :)
However, we are in a larger descending channel, which typically breaks up.
So, we expect the the price to fall but not by much before we test upper resistance. We suspect that there will be a lot of wicks here so, look for volume for confirmation!
Happy Trading :)
Smart Crypto Association [ SCA ]
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.