UnknownUnicorn1444395

UnknownUnicorn1444395

Bull-flag breakout. Bitcoin broke through a resistance level this morning and created a nice bull-flag pattern It broke the flag once, but with no volume and declined briefly. Entry with volume at top of flag pole €6,537 SL below flag with target at €6,8

UnknownUnicorn1444395

Bullish - The breakout direction is upward 72% of the time For upward breakouts, use the highest point in the wedge as the target.

UnknownUnicorn1444395

Neutral for now, but monitoring. If price breaks below the bottom wedge line then this is a short signal.

UnknownUnicorn1444395

BTC/EUR has been in a falling channel for 2 days. Possible Trend reversals. Watch for AO and MACD

UnknownUnicorn1444395

You can see a Bitcoin Bull Flag formation from February 2020. Here at the start of February there was a consolidation creating the flag pattern. On the 5th of Feb there was a breakout of the pattern. Chart created using the 4hr chart for BTC/EUR.

UnknownUnicorn1444395

Bull Flag breakout on the 24 march 2020.