BTC - Bull Flag appearing on 1hr Chart
Updated
Hey everyone,
While I was hoping for a drop, considering the current market and halving approaching I guess this move wasnt a shock. What I am seeing now is the formation of a bull flag which will finish the push to sub-8,000 aka erasing any loses from the March 12th corona virus crash. From there we might see further rising prices or a pull back to 7,200 area.
Give this a like and let me know your thoughts! Appreciate it.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
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coin.onelink.me/ePJg/330a7c39
While I was hoping for a drop, considering the current market and halving approaching I guess this move wasnt a shock. What I am seeing now is the formation of a bull flag which will finish the push to sub-8,000 aka erasing any loses from the March 12th corona virus crash. From there we might see further rising prices or a pull back to 7,200 area.
Give this a like and let me know your thoughts! Appreciate it.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Like Pokemon Go? Try COIN the crypto game that lets you earn XYO as you explore your city (and start with 1,000 free coins).
coin.onelink.me/ePJg/330a7c39
Trade active
In theory, we have broken above the upper trend line so this should be the start to another increase. Looking to sell near the 8000k markNote
Looking like the Bull Flag idea isnt working on the smaller 1-hour time frame. Maybe it will form on thee 4-hour. otherwise, a breakdown below 7,450 and I believe we will test 7.2kTrade closed manually
Disclaimer
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