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#Bitcoin Potential Bear Flag

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Hi everyone,

Thank you for considering reading my idea.

I think we are forming a bear flag with two potential targets.

Target 1: If we break down the lower line of the flag, target could be at $29,000.

Target 2: If we get supported and break R1 but get rejected on R2, target could be at $30,800.

Let's see if this pattern will get invalidated.

Thank you for reading my idea. Like this idea and follow me for more analysis like this. NFA . TAYOR. DYOR.

Follow me on my Twitter as well linked below.

Cheers,
Juvs
Заметка
Break down then a retest as resistance

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Заметка
Bitcoin spent a lot of time on R1 but then broke down

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Invalidated!

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Bearish FlagBitcoin (Cryptocurrency)BTCUSDChart PatternsTechnical Indicators

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