BTC-USD Bull flag forming above dynamic demand for Bitcoin?
Context:
A 10% rise from 5800 over the weekend, could be the beginning of the end of low prices for a while.
Current Trend:
Since then a bull flag looks to be forming above dynamic support at around $6180.
Target:
There is possible LONG entry at $6340, as price follows a potential journey across the Ichimoku Cloud, target $6700.
A 10% rise from 5800 over the weekend, could be the beginning of the end of low prices for a while.
Current Trend:
Since then a bull flag looks to be forming above dynamic support at around $6180.
Target:
There is possible LONG entry at $6340, as price follows a potential journey across the Ichimoku Cloud, target $6700.
Trade aktif
Incredible action within 2 hours of posted the original idea, which saw price rise powerfully up towards the target at $6650, before be resisted. The resistance at $6700 is strong.
Now, we can keep an eye on how the price behaves as it returns for a second knock on the door towards higher prices around $7100.
Catatan
Reversal of trend is now confirmed.
Chart indicators and tools to trade trends & pivot breakouts in the crypto and forex markets! -- Discord Group: discord.gg/VaW9zG7n
Pernyataan Penyangkalan
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Chart indicators and tools to trade trends & pivot breakouts in the crypto and forex markets! -- Discord Group: discord.gg/VaW9zG7n
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.