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Forex Signal For BTC/USD: Bearish Flag Curve Indicates Bearish Breakout

Forex Signal For BTC/USD: Bearish Flag Curve Indicates Bearish Breakout Forex Signal For BTC/USD: Bearish Flag Curve Indicates Bearish

Forex Signal For BTC/USD: Bearish Flag Curve Indicates Bearish Breakout
Yazar: Ross Sutton

Yayınlanma: 19 Eylül 2022 18:25

Güncellenme: 1 Mart 2024 02:27

Forex Signal For BTC/USD: Bearish Flag Curve Indicates Bearish Breakout

    Forex Signal For BTC/USD: Bearish Flag Curve Indicates Bearish Breakout   The pair is likely to remain bearish as long as sellers aim the next key support level at 18,500.  

Bear Market Outlook

 
  • Sell ​​BTC/USD and take a profit at 18,000.
  • Add a stop-loss at 20,500.
  • Timetable: 1-2 days.
 

Forex Signal For BTC/USD: Bearish Flag Curve Indicates Bearish Breakout

 

Bull Market View

 
  • Take a buy-stop at 20,500 and a profit at 22,000.
  • Add a stop-loss at 18,000.
  BTC/USD was stuck in a tight range on Monday as cryptocurrencies pulled back, thus keeping Bitcoin trading where it has been for the past few weeks, around $19,600. The price is well below the all-time high of 70,000.   btcusd_19092022_cryspus  

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