Bitcoin Double Bear Flag
A lot of you out there are expecting Bitcoin -2.09% to take off. I'm here to tell you that this is the beginning of a huge slide to the downside in the mid-term. Short-term, I also see downside. On my charts I've spotted two bear flags back to back which are known to be continuation patterns. Don't fight the trend, and be weary of trying to jump in on one of these flag patterns just for a few point gains. The downside is much bigger! Wait for a bounce off a key support level like $7800 and $6400.
Thanks for reading. You are the reason I share my ideas. I greatly appreciate the support.
Disclaimer: I am not a financial advisor. The articles that I write are for educational purposes only. Do your own research and hold yourself accountable for the investments that you choose to make.
Looking for a reliable Bitcoin trading platform? Try my link at binance for half off trading fees (only 0.05%)
Here's my link: https://www.binance.com/?ref=13626955
One of the reasons I only use binance to trade is that it has high security and offers a wide selection of cryptocurrency pairs. I've been using for so long, I can't help but recommend it to others.
Thank you for the great content https://9blz.com/bear-flag-pattern/