Does BTC can break the Flag pattern and kick up again or Not ?!
as Bullish side : As you can see the BTC got a Flag Pattern right now , in 4hrs Time Frame .
if Bulls can push again and break the flag in the middle way and get upper than 24,248$ and keep the price at that range , the whales will push more and their target is about 32,000 $ .
As Bear side ,
if Bears can push more than Bulls and break the flag in the middle way and get the price down and can drop it at about than 22,347$ and keep the price at that range , the whales and other bear traders will push more and their target is about about 20,780 $$ .
so i think all depends on the Moving the trend line , upside or downside ...
if nothing happens and the price doesn't break at the middle of the way , and it goes straight ahead , the trend line and price will determine about 23/12/2020 about noon , at south america time zone .
(( friends consider this word from me : every Bullish move , will have a bear movement, soon or later . so be careful and be sharp and trade with cautions ...))
good luck ...
if Bulls can push again and break the flag in the middle way and get upper than 24,248$ and keep the price at that range , the whales will push more and their target is about 32,000 $ .
As Bear side ,
if Bears can push more than Bulls and break the flag in the middle way and get the price down and can drop it at about than 22,347$ and keep the price at that range , the whales and other bear traders will push more and their target is about about 20,780 $$ .
so i think all depends on the Moving the trend line , upside or downside ...
if nothing happens and the price doesn't break at the middle of the way , and it goes straight ahead , the trend line and price will determine about 23/12/2020 about noon , at south america time zone .
(( friends consider this word from me : every Bullish move , will have a bear movement, soon or later . so be careful and be sharp and trade with cautions ...))
good luck ...
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.