BTC USDT bull flag formation
I believe a bull flag is forming for BTC USDT, the price could go lower first before bouncing back to higher levels. My first target is 6200 USDT per BTC.
I would short anything above 6850 USDT with stop loss at 7000 and take profit at 6200.
Volume profile, Fibonacci, Bull flag formation, support and resistance levels all point to this scenario at this time.
I would short anything above 6850 USDT with stop loss at 7000 and take profit at 6200.
Volume profile, Fibonacci, Bull flag formation, support and resistance levels all point to this scenario at this time.
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