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Bixley
Aug 3, 2020 5:23 AM

Bitcoin Idea Intraday Long

Bitcoin / U.S. dollarBitstamp

Description

Idea for bitcoin intraday
Could be a bear flag or a symmetrical triangle you decide
Heavy clusters around 0.5 and 0.382
I'd buy

Comment

Sorry i thought i included fib retracement MY B

Comment

Falling Wedge?
Comments
kylerhaged
With it drawn as a triangle it is not a bear flag as those mostly have an rising channel, and its not a symmetrical triangle because it has a pole. This would be a bearish pennant. I would recommend charting with volume to further assist in pattern identification. Thou if it does break to the down side I would expect it not to go lower then 10.k as that has proven itself as strong support area.
Bixley
@kylerhaged, Very nice words, thankyou
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