\BTC broke out of the triangle support with increasing volume and finding support at 10400, we are now in a bullflag formation. Even tho this is a bullish pattern i think that indiciators as mac d 4 hour and rsi 4 hr look very sloppy and want to go down a little further, just look for a high volume breakout and make sure you use a Stoploss!
Possible targets are:
Bullish: back to test 10700~10800
Bearish: 10200 first target, might get lot worse
Also the daily ma 50 daily close desides if the buls or bears are in controll.
Possible targets are:
Bullish: back to test 10700~10800
Bearish: 10200 first target, might get lot worse
Also the daily ma 50 daily close desides if the buls or bears are in controll.
Note
so we broke bullish ;)
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.
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.