Bear flag Short

Bitcoin / United States DollarCoinbase

Description

⋅ Jun 29, 2019 8:58 AM

Update of previous idea:

4hr volume not yet high enough to initiate short. Redraw the upward channel.

stoch rsi about to hit 40.
look for bearish divergence on macD if we break out of channel to short.

Comment

⋅ Jun 29, 2019 8:59 AM

Gotta break that 11.5k fib support and hold to close 4hr/daily...

Chart Patterns Technical Indicators