BTCUSD 4h. Bull Flag Pattern. Target 39.6K
Updated
Hi everyone,
Thank you for considering reading my idea.
Here we have this descending channel, that's possibly a small bull flag, with a target of 39.6K. If we broke out of the channel to the upside, we may need to break the 200 MA as well. You can see that we have big support at 31-32K but who knows if it's going to support that level.
Like this idea and follow me for more analysis like this. TAYOR.
Cheers,
Juvs
Thank you for considering reading my idea.
Here we have this descending channel, that's possibly a small bull flag, with a target of 39.6K. If we broke out of the channel to the upside, we may need to break the 200 MA as well. You can see that we have big support at 31-32K but who knows if it's going to support that level.
Like this idea and follow me for more analysis like this. TAYOR.
Cheers,
Juvs
Comment
We reached the bottom of our channel and potentially bouncing.Comment
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