rizalharmadi

Bearish Flag done, Possible Head and shoulders?

Short
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Bearish flag finally broken.
if 48K support will held, it will be back in uptrend channel (former bear flag)
if 48K goes through, well 42K is next with 45.5K minor support area.

Will it bounce back from 42K back to 48K, then formed HnS and end this Bull Run for good?
Only time will tell.
Trade wisely, dont forget Stop Loss guys!

But honestly BTC will survive this December and goes to Bear Market on Q1 2022.
What do you think? drop your thoughts below
Cheers.
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.