Bearish Pattern anlaysis
BTC Down is going in a trend channel, forming a bearish pattern and continuing in the direction of the trend.
The entire target of the first flag pattern is gone. From the top to the place where the flag pattern is formed, the total down is 52%. Even after the Flag Breakout, 52% Down has happened.
#BTC 2017 Bullrun Top is currently on hold. A good bullish sign for the market.
The second flag pattern has also completed the full target. There is a high probability of making another Flag pattern and going to 10k. Because the support of the Down Trend channel can get up to a 50% bonus. In those bounces, BTC can break the last LL and break the LH to open a new Bullrun.
The entire target of the first flag pattern is gone. From the top to the place where the flag pattern is formed, the total down is 52%. Even after the Flag Breakout, 52% Down has happened.
#BTC 2017 Bullrun Top is currently on hold. A good bullish sign for the market.
The second flag pattern has also completed the full target. There is a high probability of making another Flag pattern and going to 10k. Because the support of the Down Trend channel can get up to a 50% bonus. In those bounces, BTC can break the last LL and break the LH to open a new Bullrun.
Feragatname
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