BTC bull flag breakout confirmed.
On the 1 hour chart Bitcoin confirms bull flag breakout. It adds a good confirmation to bullish symmetrical triangle breakout and will likely yield a move above $10,000 as we posted it yesterday the move towards 10.3k level.
Note
Forming a bearish engulfing candle on the 4 hour chart, Bitcoin is struggling to held a support around $9277. If it breaks this support unfortunatly bear flag will take place and we will go down to the next support level. Stay alert.
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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.