Bear flag pattern formation, higher likelyhood of breaking to the downside Short below 176 on 4H close Target: 155
BTCUSD has been supported perfectly on the weekly 200MA as I discussed in my previous post in 2019 The 200MA has proved to be a perfect entry on the corona dump. As one can see, the downward sloping trendline resistance has been broken. Also the 10000-10500 area which was proving to be a major resistance zone has been flipped as support which confirms the bull...