Commencez
Indicator-Jones

Giant bear flag on the 1M chart???

Short
Bitcoin (INDEX:BTCUSD)  
Indicator-Jones Mis à jour   
INDEX:BTCUSD   Bitcoin
Chart Patterns Flag Bearish Flag bearflags bearflagpattern Monthly Charts monthlychart
13
5
chartpattern flagpattern bearishflag bearflags bearflagpattern monthly monthlychart
Is there a bear flag on the 1M chart?
The 1 Month StochasticRSI says: yes

worst case scenario in play… maybe?
Is this even realistic?

It would certainly fit into the crazy social and economic times we are in.
What do you guys think?
Commentaire:
After thought: probably NOT a bear flag, because the pole ended not as low as i did draw it.
So it is more likely just a rising wedge pattern.

The 1M stochRSI is telling there will be no bull market any time soon.
After the bearish cross in Sept 2019 we had 6-8 month of boring sideways action.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.