Bitcoin | Pattern Traders be aware of this
If the bearish cross happen, there's a high probability that we test it, if we bounce up of it I plotted the continuation of the green ma to get an eventual support.
In the end it could lead us into a bull-flag formation.
By the way it's interesting to see the exhaustion at the top of the triangle right now.
In the end it could lead us into a bull-flag formation.
By the way it's interesting to see the exhaustion at the top of the triangle right now.
Note
We got a stop-hunt or a test purple ma before the actual move, still 250$ to go before the formation of the bull flag, if we stay here we will probably form a bear flag on the long-run. I'm a bit indecisive on the next moveNote
I'll be a seller around 5300 if we get that high.Note
5600$ coming very soonNote
Expecting a breakout to the upside
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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.