BTC/USD - ANALYSIS - @TradersLounge.US
Hello everyone! Here's my analysis for BTC/USD:
4H/1D - Price is currently showing bear flag pattern. We've been bearish since the drop off in November. BTC is still trailing under the 50MA. Price also has some room up to the GZ.
I'll be looking to see how price reacts to the GZ area & the 50MA!
Let me know what you think!
Miajah
Lead Trader @ Trader's Lounge
4H/1D - Price is currently showing bear flag pattern. We've been bearish since the drop off in November. BTC is still trailing under the 50MA. Price also has some room up to the GZ.
I'll be looking to see how price reacts to the GZ area & the 50MA!
Let me know what you think!
Miajah
Lead Trader @ Trader's Lounge
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.