BTC formed bear flag and may drop soon

8 sept 2018

BTC formed a 2 layered bear flag and currently resting on the lower layer. Next big move will be to sub 6k. Before that, it may test the upper layer, 6.6k.

8 sept 2018

Operación cerrada: objetivo alcanzado

Bear flag broke down as expected but hit to a heavy resistance at 6.2k. It may still go for sub 6k but it is no longer a low risk trade for me, so I closed at $6175 with profit.