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DSltz
Jun 4, 2020 8:02 AM

Bear Flag Short

Bitcoin / U.S. dollarBitstamp

Description

Both 1H and 4H, looks like a classic bear flag to me. Looking at the last couple days, looks like we are also creating a rising wedge. RSI and MACD are in natural zones.

Our last pump, ETH broke upwards first, and BTC followed through. Now looking at ETH, looks like its a small head and shoulders. We can dump today, so be careful. I opened a short. TP: $8600
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