Bitcoin bearish outline. Multiple bearish forms taking place.
This is an update to my idea here
Please read this first to get a more close-up idea of what actually happened with the recent move lower.
Basically, I now think the fractal diamond regression highlighted in the above idea is part of a broader bearish outline.
IF I AM RIGHT ABOUT A BEAR FLAG FORMING AFTER THE RECENT DOWNMOVE.... then completion of this flag would also form completion of a very large head and shoulders pattern.
This should lead down to the 20k level during resolution.
Please read this first to get a more close-up idea of what actually happened with the recent move lower.
Basically, I now think the fractal diamond regression highlighted in the above idea is part of a broader bearish outline.
IF I AM RIGHT ABOUT A BEAR FLAG FORMING AFTER THE RECENT DOWNMOVE.... then completion of this flag would also form completion of a very large head and shoulders pattern.
This should lead down to the 20k level during resolution.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.