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lienhard
Mar 13, 2018 9:40 PM

Bear flag appears - Bitcoin likely going lower in the near term Short

Bitcoin / United States DollarCoinbase

Description

A bear flag has appeared on the 4 hour chart.

This is a bearish formation and suggests prices are going lower in the near term.

7k is the target for the double top. A possible re-test of the lows at 6k if 7k fails.

It seems the correction from the high in December is going to take it's time.
Comments
rlreecer
check out the 1-2 minute whale spike pumps followed by the 45-2hr dumps, follow the whale pulse
cryptopaatje
Hi, I don't think it's a correction: it's the fractal that needs to be finished!
See about the JOES-fractal at my charts.
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