Looking at this 1hr chart I am still seeing a bullish Three Drives pattern in play. I also see a potential bear flag.
On this daily chart we can see that we have likely entered a consolidation phase.
My whiskers are telling me that we will range inside the triangle until maybe mid-April or May.
For me, it would be healthy to come down to around $42,000 and touch the pink
trendline.
On this daily chart we can see that we have likely entered a consolidation phase.
My whiskers are telling me that we will range inside the triangle until maybe mid-April or May.
For me, it would be healthy to come down to around $42,000 and touch the pink
trendline.
Note
I redrew it when we broke up and I think this makes more sense now.Note
Note
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Related publications
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.