Bitcoin now is forming a bullish flag pattern as we can see now,
This can of flag pattern can be seen as big funds are dumping their position that they bought at a higher price and
they want to slowly change to a lower position where it is better.
That is what why the market will react like that.
Step up here;
You can do a breakout entry once the flag is broken and the stop loss will be outside the flag,
Or any other way you like it.
Aim for 57200 for final TP.
-----------------------
Have a good day,
bb2thetrader
This can of flag pattern can be seen as big funds are dumping their position that they bought at a higher price and
they want to slowly change to a lower position where it is better.
That is what why the market will react like that.
Step up here;
You can do a breakout entry once the flag is broken and the stop loss will be outside the flag,
Or any other way you like it.
Aim for 57200 for final TP.
-----------------------
Have a good day,
bb2thetrader
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.