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lancebevon
Jan 18, 2023 8:26 PM

Bearish Flag BTC! Short

Bitcoin / DollarBitfinex

Description

here is an opportunity to swing on bitcoin showing a bearish flag .Also used the parallel channel tool measuring the high and low of the range. The entry is the 50% mark of the range. My additional confirmation was the DeLorean ema sell shift on the 4hr timeframe. Potential swing to neckline at around 18,500.

Comment

trade invalid all entries stopped see updated analysis Big ol Bitcoin!
Comments
lancebevon
please use proper risk management and know your brokers spread.These are ideas of mine based on my education and experience not financial advice.
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