This 4 hr chart shows potential for a bullish move upwards if the MACD starts heading in the opposite direction after a break out from this flag.
Volume is declining too making it easier for larger price increases. I will keep an eye on this one!
Potential targets on the chart - a well managed entry and stop-loss could see an easy profit if we get the confirmation from the breakout.
Targets are based on:
Always be careful with BTC pairs when BTC/USD is as volatile as it has been recently.
Volume is declining too making it easier for larger price increases. I will keep an eye on this one!
Potential targets on the chart - a well managed entry and stop-loss could see an easy profit if we get the confirmation from the breakout.
Targets are based on:
- T1 - Flag pole length
- T2 - Previous support/resistance
- T3 - Previous support/resistance
Always be careful with BTC pairs when BTC/USD is as volatile as it has been recently.
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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.
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.