Get started
CastAwayTrader

Bitcoin in a bull flag but may retest the broken 3600 resistance

Long
Bitcoin (BITFINEX:BTCUSD)  
CastAwayTrader  
BITFINEX:BTCUSD   Bitcoin
Chart Patterns Wave Analysis Trend Analysis Bitcoin (Cryptocurrency) bitcoinforecast BTCUSD BTC bullflags
9
1
chartpattern waveanalysis trendanalysis bitcoin bitcoinforecast btcusd btc bullflags
Bitcoin has been consolidated after a spike in a bullish descending flag.
It may stretch lower all the way to 3,580 to retest from above the critical resistance I outlined for the breakout.
The next rally should target at least 4,000

Related Ideas

CastAwayTrader
Bitcoin - easy money is made, now its time to get cautious
CastAwayTrader
BTC - has broken out of another bull flag
CastAwayTrader
BTC is breaking out the bullish wedge
CastAwayTrader
Bitcoin - beautiful bullish wedge - buy stop over 3,600
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.