BTC/USD
Looks like bear flag formed on multiple time frames , I expect a little bounce up to 50k levels ( MAX , it can breakdown without bounce also ) before further down side .
keep in mind DXY is bullish & tomorrow & day after tomorrow , Huobi ( china's largest exchange ) will suspend deposits & transactinos for users in china .
Clean breakout from this flag will invalidate this idea .
NOT FINACIAL ADVICE.
keep in mind DXY is bullish & tomorrow & day after tomorrow , Huobi ( china's largest exchange ) will suspend deposits & transactinos for users in china .
Clean breakout from this flag will invalidate this idea .
NOT FINACIAL ADVICE.
Trade closed manually
Bulls defended 45k area very well , closing my short position with loss.
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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.