EwanCrypto

BTC Bear Flag

Short
BNC:BLX   Bitcoin Liquid Index
Bitcoin has been slowly climbing higher on the H4 after the most recent move down. However, the RSI has been climbing higher at a faster pace, this looks similar to the bear flag that in May/June of this year. I'm expecting it to stay in the range until at least the start of next week before a further move down towards the low 20s and high teens.
Will be looking for confirmation on the shorter TFs before entering.

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