Bear flag and an ... uncomfortable place

Uncomfortable place for a bearish flag.
Moreover MACD is ugly and lower BB not too far.

RSI on its own support ( channel ).
Only Stoch RSI looks "healthy".

Lately each and every pattern was respected: falling wedge, bullish flag, rising wedge, descending triangle.
Now it's time to either confirm or negate this flag ...

I'd suggest caution here.

코멘트:

Worth keeping an eye on OBV as well.

4H:

Basically within a falling wedge.

1D:

Within a channel.
Marked some meaningful support.

코멘트:

Still within flag.

Price likely to break within 24 hours.
Move down expected, unless 6500$ can be take *soon* and *with volume*.

코멘트:

break down as expected.

코멘트:

Bearish flag, bullish flag.

Closed 50% of my Long trades at 6900$ mark, as 6600-6900$ was / is the likely "technical" rebound area. The remaining lots will rely on TP, since we have a bullish pennant so far.

Bulls need to pierce through 7200$ to try subverting the trend.
It's a long shot.

Failing to break 7200$ price remains at risk of H&S.

Awaiting SEC announcement ( if any ) on Proshares ETF and CME future expiration as they both can ignite volatility within the next few days.

Be careful, as price may abruptly turn any moment from now.