Mushroom_tip

Bear Flag broken on the1D, expected drop to 19-17k

Corto
Mushroom_tip Actualizado   
BINANCE:BTCUSD.P   BTC Perpetual Futures Contract

Hello everyone, if you like the idea, do not forget to support with a like and follow.

Welcome to this BTC quick update.

BTC broke the bear flag in the 1D time frame that was expected from the last few days. If prices closes below then we now can expect price to touch $19k area of support level at least.

WHY I'M ON BEARISH

1) Price broke the bearish flag pattern.
2) MACD is confirming the Bearish momentum
3) Volume continuously going down
4)"Super trend" breakout on the daily confluence with all signals down.


What do you think guys?

Share your views in the comment section.

If you agree with my points then do hit the like button.

Thank You!
Operación cerrada: objetivo alcanzado:
Target reached
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.