This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
💰 #BTC Two Scenarios
1st Scenario - #Bearish flag
Break below the Ascending Support & EMA 100 Weekly with a leg down📉
2nd Scenario - H&S formation
Retracement up to 0.618 fib to form the Right Shoulder. Complete the #pattern and continue the #bearish trend🐻
How to act: It's good to catch and short $BTC either on the breakout of Ascending Support or on the retracement off the 0.618 fib
📌SL can be put above the Swing High
#crypto