BITCOIN - BEAR FLAG WITHIN BULL WEDGE - CryptoManiac101
BITCOIN / USD TA
BEARISH SIGNALS
1. We have bearish flag formation on 7H
2. High RSI
3. Approaching resistance of pattern
4. MA EMA indicates further downtrend
BULLISH SIGNALS
1. Pattern completion is approaching around November 27 - 29
2. Bullish downward wedge pattern
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
BEARISH SIGNALS
1. We have bearish flag formation on 7H
2. High RSI
3. Approaching resistance of pattern
4. MA EMA indicates further downtrend
BULLISH SIGNALS
1. Pattern completion is approaching around November 27 - 29
2. Bullish downward wedge pattern
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Trade active
Trade active
Comment:
Trend is positive which is nice to see for the change
Comment:
We need to breakout of this bearish trend to be done with downward trend in short term
Comment:
Watch next few hours, $4,100 would be nice target
Comment:
We would need to maintain $4,100 or move further up to confirm break
Comment:
Bulls didn’t break us out
Comment:
Bears in full control
Comment:
We are moving exactly as expected
Comment:
Let’s hit a new low and be over with it
