#BTC is likely to form a bull flag

30 Jun

📊#BTC is likely to form a bull flag

🧠After completing the daily and weekly level goals, we entered the monthly level consolidation stage. Because it is a monthly level bullish structure, it is normal to consolidate sideways for 2 to 3 months.

➡️Graphically, if we continue to trade sideways, there is an opportunity for a bullish bull flag to form, with the eventual breakout likely to occur at the tail of the flag.

➡️Therefore, we need to trade conservatively when we are in a horizontal shock stage.

Let's see👀

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