Short

BTC with Downflag? Target 6.000$?

Updated

After breaking the triangle, a fast downmove appeared. This move stopped not far below the EMA200. From this level on, we see a consolidating move between 7.750 and the EMA200. Breaking 7.750 (The MoB!) should cause the next impulsive and dynamic shortterm downmove. The chart brightens above the EMA200...

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flag is activated

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Will the next shortterm downflag be formed right now?

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RSI is signalizing a possible shortterm countermove....the chart only brightens with prices > former flag`s bottom wich turned into a strong shortterm resistance

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zoomed in

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what a move

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unchanged view as long as we trade below the EMA200

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yihaaa

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Ok..enough with consolidation? BTC is forming a possible bullish flag!

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Such a move would fit very good to such a trendbreak

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Short again?

The_Cannalyst

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