Is Bitcoin trading in a bullish flag?

By ScotianBot
Or, possibly a descending triangle, there's been a bearish cross on the KST where I have the red finger icon pointing downward.

On the RSI there's a noticeable pattern identical to the price action.

I have drawn a hypothetical potential price scenario outcome in green.

The green human body & head icon represents the head of a potential Inverted H&S pattern, if there's consolidation moving forward it would be ideal to see the head area hold as support to form the right shoulder of the pattern.

bearishcrossBitcoin (Cryptocurrency)bitcoindollarBTCBTCUSDbullflagsBullish FlagChart PatternsDescending TriangleInverse Head and ShouldersSupport and ResistanceTrend Analysis

Related publications

Disclaimer