LotusTrading20

Bitcoin one hour chart - bear flag and triangle forming.

Short
BITFINEX:BTCUSD   Bitcoin
We see a rising bearish chanell, or wedge (depending on the drawing choices).

as well as a potencial triangle that may become the catalist for a drop.

targets: 4800, 4725, 4650.

good luck.

Not financial advise.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.