Bitcoin Bull Flag Forming?
Updated
After that last move I'll be hiding in the bushes and watching to see if this bull flag forms on the 1hr chart. I'll be looking for confirmation on the 4hr as well. To me, this is bullish consolidation. I'll be ready for a break in either direction, but my whiskers are telling me there is some further upside to come.
The daily chart clearly shows a break out of a bullish pennant. My target for this formation and breakout is almost $62,000. I think February will continue to be a strong month for Bitcoin.
What are your whiskers telling you?
Owhooooo!
The daily chart clearly shows a break out of a bullish pennant. My target for this formation and breakout is almost $62,000. I think February will continue to be a strong month for Bitcoin.
What are your whiskers telling you?
Owhooooo!
Note
Maybe something more like this? Owhooooo!Note
This could be a Bullish Bat harmonic. Owhooooo!
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