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.
액티브 트레이드:
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.
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.
코멘트:
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