BTC breaks below pendant. Look out for another drop!!! Soon!!

Short now! Bearn pendant broken

Drop to 3450 soon!!

Trade active:

RSI is still moving up for now on the 4hr, 1 hr looks like it is positioned well. This resistance wont last long. Once 4 hr RSi gets closer (If BTC does a long shot move and makes a new high on this pendant) it will still be part of a rising wedge and will still be Bearish.


Short to 3450 still active


Once 3450 is achieved we will consider another reversal attempt or a continuation downwards.

Trade active:

Diamond formed at bottom of bear flag, watch for a move up before to ultimate drop to 3450. Should go no higher than 3700-3750 then drop.

Trade closed: target reached:

3450 target hit!

Doing analysis to determine next move