BTC: FORMING BEAR FLAG IN LTF!!
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Welcome to this quick BTC update.
BTC is not looking good in LTF. It is forming a bear flag in 1hr time frame which is a bearish pattern. Price is still inside the flag. Once it breaks down the flag we got more confirmation of a downside move. If BTC breaks down this bear flag then the possible target is $15.8k-$16k
Invalidation:- Any hourly candle close above $17k
If you like this quick update then hit the like button.
Also, share your views in the comment section.
Thank You!
Welcome to this quick BTC update.
BTC is not looking good in LTF. It is forming a bear flag in 1hr time frame which is a bearish pattern. Price is still inside the flag. Once it breaks down the flag we got more confirmation of a downside move. If BTC breaks down this bear flag then the possible target is $15.8k-$16k
Invalidation:- Any hourly candle close above $17k
If you like this quick update then hit the like button.
Also, share your views in the comment section.
Thank You!
