Bear Flag short setup on Bitty Bitcoin

9. Nov. 2023

a no brainer
good risk to reward trade
bear flag setup
bearish divergence
its overbought

you know the drill

happy trading yall

9. Nov. 2023

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POV divergence

10. Nov. 2023

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closing trade. favoring bear trap for move up to retest the high.
will look for another trade setup

10. Nov. 2023

Anmerkung

technically, its still a bear flag and can be traded as one
bulls would have to setup a bear trap, or maybe bears will create bull trap.
Bitcoin is getting toppy. Im anticipating a solidd 5k-8k dump sooner or later, should find support around 31k area, from there I beleive alts will party and btc will retest the high to conclude the bullish rally and start another bar leg down
time will tell

14. Nov. 2023

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15. Nov. 2023

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