BitcoinUpdated BTC Bearish flag
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You can now see the bearish flag, which indicates a possible future decline. Divergence confirms this.
But since the bullish trend is not over yet, we need to wait for confirmation. The confirmation will be the fixing above or below the resistance level $ 6190.
If the price is fixed above the support level, then you can open a long position.
If the price is fixed below the support level, then you can open a short position.
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Also, don't forget to visit our profile.
You can now see the bearish flag, which indicates a possible future decline. Divergence confirms this.
But since the bullish trend is not over yet, we need to wait for confirmation. The confirmation will be the fixing above or below the resistance level $ 6190.
If the price is fixed above the support level, then you can open a long position.
If the price is fixed below the support level, then you can open a short position.
_________________________________________
This analysis and more in our Telegram channel.
Also, don't forget to visit our profile.
Note
Sorry , i mean when price will be fixed under or above Resistance level* then you can open long or short.
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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.
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.