BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Let get back to my first love BTC if we checkout the Daily TF for long time for weeks we have been playing into that Bearflag a massive one so what could be NEXT for BTC After the Morning star which you can see into screenshot two BTC have been bouncing level but my personal thinking and experience tell me that as long that we playing inside the bear flag No Fucking way BTC going to the moon the possibility we got rejected on the bear Resistance level is 90% , we could have this and get back into the Daily order block which is bearish if we have a breakout on the bear flag we could do this Zone and retest again which possibility is 60% The 200 EMA line is still above price action for now this bear flag is the full force of the bear market Concerning the EWT we had like wave 1,2,3,4,5 now we should normally have A Which bring price action back to the Daily OB
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.