Confirmation: 55.53
Invalidation: 52.87
Type of Trade: Cyclical
Pattern: Bullish Flag
How to interpret this data?
For longs: Altcoins (i.e., ethereum, litecoin, bitcoin cash, etc.) likely to underperform Bitcoin. Altcoin traders are likely to convert holdings to Bitcoin.
For shorts: Altcoins shorts likely to outperform Bitcoin shorts.
Invalidation: 52.87
Type of Trade: Cyclical
Pattern: Bullish Flag
How to interpret this data?
For longs: Altcoins (i.e., ethereum, litecoin, bitcoin cash, etc.) likely to underperform Bitcoin. Altcoin traders are likely to convert holdings to Bitcoin.
For shorts: Altcoins shorts likely to outperform Bitcoin shorts.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.