AlanSantana

Bitcoin Daily Bear Flag

Short
BITFINEX:BTCUSD   Bitcoin
Bitcoin (BTCUSD) on the daily timeframe is still looking bearish.

The classic bearish flag is now showing up as a pattern while prices remain trading below EMA100.

  • If a bounce happens resistance is likely to be faced at EMA50 ($10935).

  • If prices break lower we have support all across the $9ks.

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Namaste.

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