Hello,
As you guys cann see we are on the BTCUSD chart on the 30 minutes time frame. After the huge drop in prices BTC has now consolidated in a bear flag pattern that is most likely to break downward.
We've placed our price predictions and that puts us close to the lowest price we reached yesterday.
Now in my point of view, I beleive a pull back is very healthy and helps us create a stronger base and maybe form a double bottom.
We have to wait for a breakout before trading.
Trade safe!!
As you guys cann see we are on the BTCUSD chart on the 30 minutes time frame. After the huge drop in prices BTC has now consolidated in a bear flag pattern that is most likely to break downward.
We've placed our price predictions and that puts us close to the lowest price we reached yesterday.
Now in my point of view, I beleive a pull back is very healthy and helps us create a stronger base and maybe form a double bottom.
We have to wait for a breakout before trading.
Trade safe!!