Bitcoin : Can be it be that simple?
Updated
Once again Bitcoin showing the bears who is BOSS, Sometimes, simple works best.
There is a obvious Bull Flag / Bull Pennant pattern.
In extremely fast faced bull markets sometimes these patterns can form on a slanted angle and still breakout upwards.
Other important things to note ALTHOUGH we are under the orderblock resistance on Bitmex chart on Huobi we are well above it.
We need to hold the crucial support levels 13630 for the short term upside, 13280 for general uptrend.
The targets are the above resistance areas.
There is a obvious Bull Flag / Bull Pennant pattern.
In extremely fast faced bull markets sometimes these patterns can form on a slanted angle and still breakout upwards.
Other important things to note ALTHOUGH we are under the orderblock resistance on Bitmex chart on Huobi we are well above it.
We need to hold the crucial support levels 13630 for the short term upside, 13280 for general uptrend.
The targets are the above resistance areas.
Note
Im hoping for that to push to here if you look closely it will paint a larger head and shoulders if that happens and a possible bearish retest off the flag we just lost support of also. If it reclaims it should push to 14-15k.If we fail to hold the crucial pink area now then im likely wrong, no HS or flag retest is coming and we are dumping off to the next key area at 13300-13400
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