Bitcoin / TetherUS
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Bitcoin in a Bear Flag.

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Hey! I am back with another Crypto idea.
This time again looking at Bitcoin.

Bitcoin has broken overall uptrend.
Bitcoin is going either to $11.000 or $10.000 from here.


Bitcoin has formed a flag from a move down, which indicates that this current flag has bias to have bearish outcome.

RSI and MACD on 2h time frame are neutral.
EMA's 200 and 50 are in downtrend.

I expect the price to test $10.560 and fall from there to $10.360 and then retest $10.200 level, which would be the least bearish outcome from this flag. If $10.200 falls, $10.000 is expected.

Break above $10.620 could potentialy invalid this leg down.

Good luck!
Tibor
Dagangan ditutup: sasaran tercapai
Take profit level of $10.220 was reached!

Penafian

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