Bitcoin vs US Dollar, via 4-Hour

18 Ağu 2019

This pair has broken July 28th's ascending trend line after being rejected by an area of supply. Price then bounced off the 11405 psychological level before continuing lower to the 9663 support. There has been a rejection of that support level and price is heading towards an area of supply. Right now, we see a potential bear flag. Let's see if it can reach that .50 Fib level and form a reversal candlestick pattern.