Hey there.
I believe Bitcoin is making another bearish flag for another drop. Although with a break above minor resistance in 22k, odds are high to reach 23k but, I believe it might be a bull trap.
What do you think? let me know in comments.
Bearish flags are notorious for breaking below the support line but, I hope this idea will be invalidated with a break above resistance line of channel and a successful bounce from there.
I believe Bitcoin is making another bearish flag for another drop. Although with a break above minor resistance in 22k, odds are high to reach 23k but, I believe it might be a bull trap.
What do you think? let me know in comments.
Bearish flags are notorious for breaking below the support line but, I hope this idea will be invalidated with a break above resistance line of channel and a successful bounce from there.
Note
Oh boy!
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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.