MDstockmagic

BTCUSD bearish flag pattern

Short
MDstockmagic Updated   
BITSTAMP:BTCUSD   Bitcoin
bulls need to be cautious now in BTCUSD... as bearish flag pattern formation is going on...
As $48300-$48900 is the resistance on upside

risk reward is not good on buying side till it breakouts from the flag channel...


Comment:
46500 to 45722 low made
Comment:
made low 44244

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.