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BTC Bear Flag and Rising Channels
Bitcoin / TetherUS
Short
BTC Bear Flag and Rising Channels
By the6ylal
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Updated
Mar 9, 2023
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Mar 1, 2023
As you can see, we are in a confirmed two-layer ascending channel structure.
We have already been rejected by the ma200/W.
This decline brought with it the bear flag formation, which is a continuation / decline formation.
As for the ascending channel breakout, it looks like it will show us a deeper bottom.
Mar 3, 2023
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The lower band of the channel region has been reached, I suggest you take a position according to the breakout or reaction.
Mar 8, 2023
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Channel is broken.
Mar 9, 2023
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TP1 reached. May it be beneficial.
bearflagpattern
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