team_USA

Bitcoin bearish flag - target level ~$6692

Short
team_USA Aktualisiert   
BITFINEX:BTCUSD   Bitcoin
BTCUSD is showing a clear bearish flag here. if labeled support is broken (and it probably will considering overall market conditions), target level is labeled on the chart.

trade at your own risk
Order storniert:
pattern invalidated
Kommentar:
please note that this actually still could be a valid bearish flag here...
however, I do not recommend trading this market at this time. do NOT trade unconfirmed patterns during an extremely iffy market like this.
Trade ist aktiv:
breakout to downside confirms target
Kommentar:
Kommentar:
bullish divergence on RSI and MACD suggest a movement to around the bottom of the bear flag trendline. should provide a good opportunity to build short positions.
Kommentar:
change of situation as outlined in my last update:
bearish flag here should see a small bounce to $8.3k before a breakdown to $7.1k area (assuming the bottom of the flag breaks, which it should)
Trade wurde manuell geschlossen:
the potential for a bullish reversal at this point cannot be excluded, and there are a number of possibly bullish formations on the chart now. will update with a new chart once it becomes more clear.
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.