SlavicChartist
Short

BTC/USDT (1H) - Just another Bear flag ??

BINANCE:BTCUSDT   Bitcoin / TetherUS
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. ;)
Trade active: Time to get OUT of all positions ;)
Comment: 1H RSI Lower High - reject by downtrend line ;)

Comments

BtcUsd has some interesting price action, this is my view
Reply
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