BitcoinLong
Bear Flag Warning on Daily Chart
Updated
Don't want to upset anyone, however the late market action has produced a Bear Flag Formation, which measuring to the downside would line up perfectly with the lower trend line and the 61.8% retracement. Give me your feedback, and watch your back.
Note
Chat room full of bears, bulls, and bull____. Bottom line is it appears price action will sort this out, all the way to support at the blue line between 4627 and 5400.
The most Regretted trades are the ones not taken.
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