bear flag for BTC
as you can see there is a huge bear flag pattern in the daily time frame
the flag itself is also ideal because it has 3 top touches and four bottom touch
now the flag has been broken out so we can go for a short position BUT wait for a pullback and see what will happen and then decide to short
our first tp can be 37K and then maybe the 35K
⚠⚠⚠ maybe some people think that because its a flag pattern we are expecting the fall as the same as the flagpole
but there is a strong support zone between 29K-31K which can not be broken easily
the flag itself is also ideal because it has 3 top touches and four bottom touch
now the flag has been broken out so we can go for a short position BUT wait for a pullback and see what will happen and then decide to short
our first tp can be 37K and then maybe the 35K
⚠⚠⚠ maybe some people think that because its a flag pattern we are expecting the fall as the same as the flagpole
but there is a strong support zone between 29K-31K which can not be broken easily
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