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BTCUSD Inception day, 20-4-2020, Bear flag finally breaking out?

BITSTAMP:BTCUSD   비트코인
Greetings fellow traders,

As time goes by, the markets evolve...
If your way of TA is strong, then the path will lead its way...

More visible, more probable:
  • Dashed lines; Possible forming patterns
  • Solid lines; Confirmed patterns / Support or Resistance
  • Dotted lines; Possible price-action trajectories / wave trend
  • Lighten colors = Support | Darken colors = Resistance

    Current Pattern Formation Level:
  • Alpha pattern: Symmetrical Triangle -> Bullish Pennant
  • Beta pattern: Descending Broadening Wedge
  • Echo Pattern: Ascending Channel

Today's Note:
If candles keeps closing below the support. Then break out to the downside is inevitable, otherwise bearish continuation.

To be concluded...


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