Bitcoin forming good chart pattern on the daily charts.
The charts is a perfect example of a Flag and Pole pattern. If the pattern completes there are chance of seeing bitcoin dipping.
Identifying the last support around 85K. Be watchful if price dips below it.
The charts is a perfect example of a Flag and Pole pattern. If the pattern completes there are chance of seeing bitcoin dipping.
Identifying the last support around 85K. Be watchful if price dips below it.
Trade active
Crypto has given a break down and last reversal hope is around 80600 levels.
If this levels comes the SL will be trailed and the targets will be revised further.
Hope that Bitcoin reaches the target and there is possibility predicted targets being traded in coming months.
Keep the shorts holding and trail the SL.
Trade closed: target reached
Finally BTC has given more than the targets.
Happy trading.
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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.
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.