azi371

Watch for bearflag/channel break

Short
azi371 Updated   
BITFINEX:BTCUSD   Bitcoin
BTC currently bear flagging on the 4H time frame, tring to find support at the 12ema, with the 26ema support below. Looking to re-test support around 3800 and go back down towards lower kelt, unless it can breakout of the bear flag channel, then target is 4300.
Comment:
Broke out the channel, first target, 4300
Comment:
Target reached, followed by huge pullback. Watching
Comment:
At $3800 now, below lower kelt.
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