Bitcoin

BTC braked bear-flag to upside

328
Hi people, looking at the 4-hour chart you can see that BTC has breaked the bear-flag as not expected to the upside.
You can see on my chart that BTC is heading to the 61.8 % resistance at 8632, when we dont get a pull back from there the next resistance would be the 50 % of the current downswing, it is also the 50% resistance of the whole trend after the 6K level. This is would be at around 8800 USD.

I think we are going to hit the black downtrend line (of this current swing) you can see in my chart, keep an eye on this ;)

Going to update this when we have more information.

Have fun and good luck with your trades

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.