BTC following Wyckoff Distribution very nicely.
I believe it will form a bull flag on the 4hr, as shown in the parallel orange channel.
I'd set buy orders at $29,000.
**DYOR - NOT FINANCIAL ADVICE**
I believe it will form a bull flag on the 4hr, as shown in the parallel orange channel.
I'd set buy orders at $29,000.
**DYOR - NOT FINANCIAL ADVICE**
Note
Tesla news turned this chart bullish quicker than expected. General trend remained the same though (bullish over the week).
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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.