trevorbruce1

btc bear flag

Short
trevorbruce1 Updated   
BITSTAMP:BTCUSD   Bitcoin
I copy and pasted the same channels for all 3 flags, btc is showing the same bearish signals we have been seeing for some time now, and strong move breaking through channel could be a bullish signal but is unlikely. from here I expect a move to 6k then possibly lower if the bearish trend continues
Comment:
pretty crazy how this pattern lines up, I expect price to break down any time now
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.