Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Flag Breakout Imminent
Bitcoin
Long
Flag Breakout Imminent
By ZenTradesRW
Follow
Follow
Jun 4, 2023
4
Jun 4, 2023
BTC has been building a flag the past couple months above key support. Tightening up and looks ready to breakout this coming week.
Sentiment is poor, positioning is light...think we ultimately hit that top resistance level near 50K by August and then get a 3-6 month correction.
Chart Patterns
Trend Analysis
ZenTradesRW
Follow
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
.