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BTCUSD. Bear Flag & Descending Channel Combination.

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BTCUSD 1H. Watching & Waiting. I see BTC is currently in a descending channel and rejecting the level in the 'blue box' on it's journey back up after the sell off. In the process of this rejection I think we have created a bearish flag. I currently believe more downside is a greater probability than upside.
iDoji
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bearflagsBTCUSDChart PatternsDescending ChannelTechnical IndicatorsTrend Analysis

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bearflagsBTCUSDChart PatternsDescending ChannelTechnical IndicatorsTrend Analysis
iDoji
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.