CRYPTOMOJO_TA

Bitcoin's Bear Flag: More Downside Before Chance On Reversal!!

Long
BITSTAMP:BTCUSD   Bitcoin
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#BTC LOWER TF UPDATE

BTC is making this falling wedge pattern in a 4hr time frame currently it is looking like it will go restest the lower support.

if it breakout this pattern with confirmation then we can expect a bounce from there or rsi is showing some bullish divergence.

#BTC higher time from update

As we can see in the chat BTC does not look good here It looks like a retest of this bearish flag pattern so here we have to be careful we have 37.8k as important support.

The daily candle needs to get back into the channel for being bullish.

Be alert if it breaks the 37.8k support.

Let's see how the daily closes

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