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Legiontrading
Mar 15, 2018 9:58 PM

Potential bear flag for BTC. Short

Bitcoin / DollarBitfinex

Description

Hello traders.

Bitcoin broke 8600 and went straight down to 7650lvl and bounced here off of old support. What I think bitcoin will do is the following.

I see that bitcoin is forming a bearflag. Bitcoin has old resistance on around 8600. This will be a good short opertunatie to the targets 7640 and keep a some for the second target at around 7250.


I try to keep this updated


Cheers

Comment

Bitcoin went to 8600 and came down agian like predicted. Bearflag playing out.


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Comments
cryptopaatje
Yes, but according my JOES-fractal we are going much deeper monday or tuesday.
To 6000 (or less!)
Check out my charts.
Legiontrading
@cryptopaatje, I will, thanks for the comment. Yea im also possitive we do a full market cylcle. On the bounce on 6k I will see when i take profits and short agian :D
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