Chartist_micro

BTC/USD Bear Flag or Uptrend Channel

FTX:BTCPERP   Bitcoin Perpetual Futures
- BTC is currently forming an uptrend channel or possible bear flag .
- BTC got rejected from the channel middle line.
- On Close above the middle line and you can look for long position and targeting flag resistance line which is around 8200-8400 (depends on how the impulsive move we get).
- I am not playing any short positions here will wait for the rejection from resistance of channel to short it.

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