🔥 Bitcoin Short-Term Bull-Flag: Break Out Coming Soon!
Updated
For the last few days, Bitcoin has been trading inside a triangle pattern. Since this consolidation pattern appeared after a big move up, I'm calling it a bull-flag.
Bull-flag typically break bullish at some point, so that's what I'm anticipating.
I'm waiting for the price to close above the top resistance before making an entry. Be aware, we can very well break bearish as well. In that case, no entry will be made.
Targets in case of a short-term bullish break out in blue.
Bull-flag typically break bullish at some point, so that's what I'm anticipating.
I'm waiting for the price to close above the top resistance before making an entry. Be aware, we can very well break bearish as well. In that case, no entry will be made.
Targets in case of a short-term bullish break out in blue.
Note
First target hit
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