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Bitcoin
Short

Bear Flag on the 4H

By UnknownUnicorn3938805
After having rejected off the 200 EMA YELLOW support line Bitcoin is forming a BEAR FLAG on the 4H time frame just above the GREEN supertrend indicator SUPPORT line. A confirmation of the BEAR FLAG will also trigger a short signal on the supertrend indicator creating a RED line of RESISTANCE. The RSI is still technically not oversold and has room to drop.

Stay cautious! And do your own TA!
4hrBitcoin (Cryptocurrency)Chart PatternsTechnical IndicatorsshortTrend Analysis
UnknownUnicorn3938805

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