Mushroom_tip

Bear Flag broken on the1D, expected drop to 19-17k

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Mushroom_tip Обновлено   
BINANCE:BTCUSD.P   BTC Perpetual Futures Contract

Hello everyone, if you like the idea, do not forget to support with a like and follow.

Welcome to this BTC quick update.

BTC broke the bear flag in the 1D time frame that was expected from the last few days. If prices closes below then we now can expect price to touch $19k area of support level at least.

WHY I'M ON BEARISH

1) Price broke the bearish flag pattern.
2) MACD is confirming the Bearish momentum
3) Volume continuously going down
4)"Super trend" breakout on the daily confluence with all signals down.


What do you think guys?

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Thank You!
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