Bitcoin came back into the flag pattern after a fakeout to 9000 and a strong bullish response afterwards, very high chance BTC will breakthrough the pattern any time soon.
If BTC breaks bearish we are heading into another downwards move, probably to 8500 and very likely to 7200. If BTC breaks above we arent done with the bullish movement and will go higher, how much i dont know but a breakout to 12000 is very likely!
If BTC breaks bearish we are heading into another downwards move, probably to 8500 and very likely to 7200. If BTC breaks above we arent done with the bullish movement and will go higher, how much i dont know but a breakout to 12000 is very likely!
Note
10600 and 10300 now major points, if they break with a nice candle into the blue boxes we wil probably see a breakout.Note
Breakout happened, in for a long trade myself.Note
hey so i came back in this chart and saw im totally wrong, still learning and this was clearly a fakeout because of the very low volume!
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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.