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erod0601

BTC Bear flag 15 min

Bitcoin (BITFINEX:BTCUSD)  
erod0601 Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns
3
2
trendanalysis chartpattern
Clear BTC bear flag on small time frame about to test the 200 EMA. Should be able to bounce off of it, temporarily. We are currently oversold on the daily RSI so we may be bouncing back down off the trendline.
Comment:
No bounce off of EMA. So next support is looking to be at the .382 retracement. So expect a bounce there but nothing big.
Comment:
Major support down at 10,500
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