BitcoinShort
BTC is forming flag for another dip?
Heyyy traders!
Here are some thoughts on Bitcoin:
As we can see, it seems like we are forming a bearish flag 🥵. Additionally, the volumes are diverging, meaning they are falling while the price is growing. Another confirmation for a dip is that we didn’t see a buyer's reaction from the important level around 0.618, and the movement is really weak.
So, most likely, we can touch the zones of the previous support around 51k or even lower, around 48-49k.
What's your thoughts guys?
Here are some thoughts on Bitcoin:
As we can see, it seems like we are forming a bearish flag 🥵. Additionally, the volumes are diverging, meaning they are falling while the price is growing. Another confirmation for a dip is that we didn’t see a buyer's reaction from the important level around 0.618, and the movement is really weak.
So, most likely, we can touch the zones of the previous support around 51k or even lower, around 48-49k.
What's your thoughts guys?
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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.