SHORT 🩸 Bearish Flag Chart Pattern, Historic Resistance Area
SHORT 🩸 Bearish Flag Chart Pattern, Historic Resistance Area
Our previous idea produced +1000% profit: RELATED IDEAS, "Smart Long 🧠 Bullish AI 👾 Machine Learning (ML) Idea ⚙️"
Let's see our actual position.
BTC/USD BTC /USDT PRICE ACTION HIT POINTS:
- Price hit Historic Resistance Area (red area)
- We detected Bearish Flag Chart Pattern (red channel's lines)
- Momentum is in Bearish Demand Area & Accumulation Zone (inside the red channel)
As our purple arrows show, we predict future Price Action to fall back to the Double Support Point where the Historic Support Area (green area) meets the Bearish Flag Channel Support Area (red bottom channel line).
From here, the Price will continue accumulation and Range up to the Historic Resistance Area (red area) again.
Our previous idea produced +1000% profit: RELATED IDEAS, "Smart Long 🧠 Bullish AI 👾 Machine Learning (ML) Idea ⚙️"
Let's see our actual position.
BTC/USD BTC /USDT PRICE ACTION HIT POINTS:
- Price hit Historic Resistance Area (red area)
- We detected Bearish Flag Chart Pattern (red channel's lines)
- Momentum is in Bearish Demand Area & Accumulation Zone (inside the red channel)
As our purple arrows show, we predict future Price Action to fall back to the Double Support Point where the Historic Support Area (green area) meets the Bearish Flag Channel Support Area (red bottom channel line).
From here, the Price will continue accumulation and Range up to the Historic Resistance Area (red area) again.
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