Bitcoin / TetherUS
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ðŸ”Ĩ Bitcoin Bull-Flag: High Risk-Reward Entry

BTC has reversed yet again from the 44k area and is currently in a short-term downtrend. In case this downtrend will continue for the next few days, I want to be prepared.

I'm eyeballing an entry from the bottom support of the bull-flag pattern. High probability that this area will cause some kind of reversal.

With a stop below the most recent swing low and a target at 48k, we can construct a very decent trade with a R/R of 7,64. A more risk-averse trader can take profits around the top resistance of the flag-pattern.
Bitcoin (Cryptocurrency)BTCBullish FlagChart PatternscryptoETHEthereum (Cryptocurrency)Technical IndicatorspatternsignalTrend Analysisusdt

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