BTC - Bearish Flag Pattern
Hey, Did you guys read this chart?
Now let's put it to use.
This is the Bitcoin chart on the 1D timeframe.
As you can see, the price has obviously formed a Bearish Flag Pattern which is pushing down the support it's been hanging on to for weeks.
This is a consolidation but instead of going up, we are going to see a big drop in order to complete this continuation pattern.
Now to check if this market is manipulated or not, we gotta wait and see if the price will drop or not.
If the price pumps back up, it will be a sign of manipulation.
Current Market Price: $30906
Good Luck
Tell me your ideas. Like and Share
Now let's put it to use.
This is the Bitcoin chart on the 1D timeframe.
As you can see, the price has obviously formed a Bearish Flag Pattern which is pushing down the support it's been hanging on to for weeks.
This is a consolidation but instead of going up, we are going to see a big drop in order to complete this continuation pattern.
Now to check if this market is manipulated or not, we gotta wait and see if the price will drop or not.
If the price pumps back up, it will be a sign of manipulation.
Current Market Price: $30906
Good Luck
Tell me your ideas. Like and Share
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