note: Im a noobie and this is my first charting attempt.
Although a lot of the ideas seem suggest a breakout to the downside, this is an alternative and from the way bitcoin has been acting lately I think it is probable. Regardless, there is a wedge forming so we will know soon. What do you guys think?
Although a lot of the ideas seem suggest a breakout to the downside, this is an alternative and from the way bitcoin has been acting lately I think it is probable. Regardless, there is a wedge forming so we will know soon. What do you guys think?
Note
ok that was a bit weird, it was following the flag almost perfectly then there was a sudden rejection around 11470 to near previous lows. Its bounced back to previous highs as support but the flag is definitely not in play anymore.Note
Figured out what I missed.The reason it went down from 11470 is because it was a major resistance during the bear market of 2018. and the reason it bounced back after going down near 11300 is because it was a major support and resistance during the bull and bear markets (2017/2018).Note
new prediction: 
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.
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.