Bitcoin
Panjang

Possible bull flag on BTC

Using the daily ribbon as support, BTC could be carried to previous highs within the next couple weeks. A bull flag would form as the price of BTC bounces off the daily ribbon. This could lead to a breakout to the upside, with the target being 10k level or higher. Anything touching the daily ribbon should be bought up for this pattern to hold true, any break through the daily ribbon would negate the bull flag I have shown and a move to the downside would be supported by the low 6k level.


Checkout my wildcard alt trade:
DRGN/BTC
Bitcoin (Cryptocurrency)BTCBullish PatternsChart PatternsFlagMoving Averages

Penafian