$BTC 4H: bear flag breakdown pressures the range low
Price broke a brief bear flag after lower highs and a weak bounce. Sustained 4H acceptance below the flag confirms continuation; a close back above the flag top invalidates it.
Paper trade, 4H short:
→ entry $81,799.55
→ target $80,000.00 (R:R 1.6)
→ invalidation $82,920.00
#TechnicalAnalysis #PaperTrading
My opinion only. Do your own research (DYOR).
Price broke a brief bear flag after lower highs and a weak bounce. Sustained 4H acceptance below the flag confirms continuation; a close back above the flag top invalidates it.
Paper trade, 4H short:
→ entry $81,799.55
→ target $80,000.00 (R:R 1.6)
→ invalidation $82,920.00
#TechnicalAnalysis #PaperTrading
My opinion only. Do your own research (DYOR).