#BTCUSD
in bearish scenario we can consider this parallel channel as a flag, that is a continuation pattern.
if
BTC going to complete this pattern it will drop to $38700 and $36000 , which is 0.618 and 0.786 fib levels of daily swing high.
in bearish scenario we can consider this parallel channel as a flag, that is a continuation pattern.
if
BTC going to complete this pattern it will drop to $38700 and $36000 , which is 0.618 and 0.786 fib levels of daily swing high.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.