Get started
SevillaTrading

BTC almost reaching the bottom of his flag

Short
Bitcoin (COINBASE:BTCUSD)  
SevillaTrading Updated   
COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns BTCUSD BTC
2
1
trendanalysis chartpattern btcusd btc
If BTCUSD bounces on the bottom of the flag, we could reach the next fibo level at 11800 USD, if it breaks the next resistance at 9800USD.

We´ll see it!
Comment:
Look like it not going to reach the bottom of the flag right now, we´ll see when BTC touch the ceiling of this triangle, if it break it up or rebound to the bottom again.
Comment:
Ahead to top of triangle. It does´t reach the bottom of my triangle, cause it made a new minimum around 7000USD. We´ll keep watching this arrival to the top of triangle. MACD says is good time for a bullish, but market will say in a few days.
Comment:
Finally, BTC almost reach the bottom of the triangle after bounce on the top. MACD is still downtrend, because the last long flang. Time to see what happen over last days of June.
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.