BTC/USDT (1H) - Just another Bear flag ??
Hi Traders,
Today we have interesting situation: Seems like FED (and our fella Trump) is willing to dump ANY amount of money into Stockmarket to "Save everybody" (mean banksters :D).
So it will affect BTC which is just blindly following other markets.
1) This structure look´s like typical Bear flag ABC.
2) It could also be start of impulse wave (123 - 4-5 to be finished).
So its better to consider it as ABC and close all positions in resist zone. There could be HUGE dump. Otherwise we will see some kind of corrective wave 4 where we can enter for wave 5 long position ;)
Trade safe and stay healthy, especially these days its more important than money. ;)
Today we have interesting situation: Seems like FED (and our fella Trump) is willing to dump ANY amount of money into Stockmarket to "Save everybody" (mean banksters :D).
So it will affect BTC which is just blindly following other markets.
1) This structure look´s like typical Bear flag ABC.
2) It could also be start of impulse wave (123 - 4-5 to be finished).
So its better to consider it as ABC and close all positions in resist zone. There could be HUGE dump. Otherwise we will see some kind of corrective wave 4 where we can enter for wave 5 long position ;)
Trade safe and stay healthy, especially these days its more important than money. ;)
Trade active:
Time to get OUT of all positions ;)
Comment:
1H RSI Lower High - reject by downtrend line ;)
