Bear flag down to the 800 EMA. This matches up with a SOW in phase B of wyckoff distribution.
Note
Of course, the stop loss was targeted perhaps. BTC did hit this measured move eventually, after the MM knocked out everyone who shorted with stops around 20,700.
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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.