variousCryptos

BTC short term bearish targets

BINANCE:BTCUSDT   Bitcoin / TetherUS
Using several different formations and targets for each.

Using the 1H chart.

Head and shoulders pattern: Measuring from the head to the neck there's an approximately 10% drop so we'd expect an approximate 10% drop from the neckline. Takes us to 32k.

Bear flag: Measuring from the top of pole to the base of the bear flag we'd expect an approximate 8% drop to 33k.

Bearish butterfly: The bearish butterfly pattern would give us a target at the 1.272 retracement. Again at approximately 32k.

Let me know what you think.
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