Keep on truckin' BTC - Bullish Flag w/ Price Target

Assuming upward break this is a reasonable SHORT-TERM price target...

Remember price moves laterally as time passes so do not expect it to follow the arrow literally...

Arrow = Same Length as Flag "Pole" (Hence, the measure rule which has performed relatively reliably in the past with this instrument)

Dagangan aktif:

Keep in mind it also displays ascending triangle characteristics..

Anyhow, under normal circumstances in BTC most pennants break down first, then head up - If you are long, do not let that be your concern