VaidoVeek

BTC/USD Technical Analysis!

Long
BITFINEX:BTCUSD   Bitcoin
At the moment we see several bullish patterns on BTC chart! In the weekend we have completed "Head & Shoulders" pattern where "Head" bounces from historically strong trendline + round number $8000
Now, when a price is around $8500, we have a breakout from pattern (H&S) neckline and also we have retested it (strong sign) + at the moment we see on the chart very bullish continuation pattern which is "Bull Flag".

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.