BTCUSDT broke down from the bearish flag and it seems like it has retest the support as resistance. Like, most people here I want to be bullish as well but we cannot ignore the technicals here. It's a textbook bear flag, break down and retest. I have taken a short position and my targets are>
32,000
30,000
27,000
I'll get out of my position if bitcoin goes back into the bear flag but for now, I'm bearish.
Good luck trading.!
32,000
30,000
27,000
I'll get out of my position if bitcoin goes back into the bear flag but for now, I'm bearish.
Good luck trading.!
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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.