Legend_yy_chazali

BITCOIN 30% or 50% RETRACEMENT

Short
Legend_yy_chazali Updated   
BITSTAMP:BTCUSD   Bitcoin
Hello guys, it"s me on bitcoin again.
So as am illustrating on my analysis the i just notice two drop candlestick that are showing me the BTCUSD will drop because i see (INSIDEBAR CANDLESTICK) and it continue by a hiding (ENGULFING CANDLESTICK) proving that the bitcoin will drop.
M y second reason is the previously the @ ($19k) the price form a flag pattern and continue strongly making it to ($24k), and the price move exactly and mirror it's exact previous move after broken a major resistance, with all those conformation the the bitcoin give me the final conformation by (RSI) (DIVERGENCE). let see what the price decide
Comment:
Hello guys. i am here to update you about my previous idea about BTCUSD, as i was pointing on the above idea that we are having a hiding supply that has the potential to hold, and does that currently i am much interested on it to break it's previous low to confirm it's drop.
Trade closed manually
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