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AlanSantana
Sep 8, 2020 4:07 PM

Bitcoin Daily Bear Flag 🇬🇧 Short

Bitcoin / DollarBitfinex

Description

â‹…
Bitcoin (BTCUSD) on the daily timeframe is still looking bearish.

The classic bearish flag is now showing up as a pattern while prices remain trading below EMA100.

  • If a bounce happens resistance is likely to be faced at EMA50 ($10935).

  • If prices break lower we have support all across the 9ks.


Please hit LIKE to show your support and leave a comment with your charts, thoughts, and questions.

Namaste.
Comments
PanKuzminski
â‹…
demand decrese, obvious price drop imo
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