DrDovetail

new low still yet to be found only a bearflag breakdown

Short
BITFINEX:BTCUSD   Bitcoin
1hr chart just formed another smaller descending triangle bear flag and appears to breaking down from it now which gives us a projected target from that flag of $6748...once we get there I personally feel more downside is in the cards and I agree with ronfkingswansons fractal prediction which you can see here I'm out of the market for now, at least until I see us establish some form of higher low. You choose your own path as this is not financial advice.
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.