This ascending channel is called a bearish flag, indicating more selling, however, I think it will be on the contrary.
I am simply pointing out the pattern right here, which indicates a bearish move. This is not confirmed, and I want to say that it will be bullish instead due to BTC rising.
On that note, if it does rise, please take note of the red resistance zone, green support zone, and the red resistance line on top. Read the chart. Anything above that red line
around $80 will be bullish.
I am simply pointing out the pattern right here, which indicates a bearish move. This is not confirmed, and I want to say that it will be bullish instead due to BTC rising.
On that note, if it does rise, please take note of the red resistance zone, green support zone, and the red resistance line on top. Read the chart. Anything above that red line
around $80 will be bullish.
Note
Time to buy now
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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.