BTC Bull Flag on 1HR
It looks as if a Bull Flag is forming on the hourly with decent upside potential. I expect to test previous resistance between 8.5-8.6k because that is where the 200 EMA on 1hr & 50 EMA on 4hr are. Next level would be between 8.8k-9k. 8.8k for previous resistance and 9k for 200 EMA on daily.
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.