BTC analysis

업데이트됨
XBTUSD
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Day chart.
The current BTC price action is forming bearish flag which will lead us to double bottom.
There is enough RSI room for downward.
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My mistake. The target is around 6760.

스냅샷
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RSI sideway movement at the crucial level.
BTC is going to make a direction.

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액티브 트레이드
Breakdown.
Small rebound expected at marked price level zone.

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노트
Target update :
The red line could be pierced.
5850~6200 is target for bearish flag.

스냅샷
노트
Then the target of the head and shoulder pattern is around 1850.
Time frame of the chart below is weekly.

Bear. Towards. Capitulation(BTC) $1800.
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We also can see inverted Cup and Handle pattern.
In this case, the target is around 3550.

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노트
Temporary target reached.
Going down again after recovering RSI

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노트
Short term target : around 8500

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RED : HEAD AND SHOULDER (target : around 4300~4400)
YELLOW : BEARISH FLAG (target : around 6200~6300)

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Expecting price action like this

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Huge drop from 8500 to 4000 for 10 days(29th March)
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Trendline of RSI has been broken.
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Bitcoin (Cryptocurrency)BTCUSDChart PatternsshortTrend Analysis

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