BITCOIN BEARSIH RISING WEDGE BULL FLAG SETUP

22 Mar 2021

the 4hr and 5hr chart show a bearish rising wedge chart pattern formation indicating bullish fatigue and low volume to push BTC over 60k. This will result in correction to 45k and formation of a bullish flag via channels to higher highs. Its presumed that when btc corrects to 45k more retail traders and investors will take up positions and will push it to a new of 68k possibly 70 then back to play at 65. In this idea as BItcoin corrects it will form a bullish flag pattern to got to 68k and 70k then rest to 68/65k for a month then got 75 and finally 86k this year.
Idea: Short to 45k then long to 68k

25 Mar 2021

İşlem aktif

As predicted