TradingView
Raul_Dominguez
Dec 15, 2019 8:16 AM

Bitcoin Bull Flag Long

Bitcoin / U.S. dollarBitstamp

Description

BITSTAMP:BTCUSD

Bitcoin is looking like it just made a Bull Flag and it is bouncing fast from it. In Elliott Wave Terms, it seems like it just finished a complex correction, after making a 5-wave impulse from the $6,500 USD lows.

Going long here at $7,148 USD with stop at $6,980, just a little below the critical support of $7,000 USD.

Good Luck to You

Trade closed: stop reached

More