DataPatron

Bitcoin might be forming a bull flag

Long
BITSTAMP:BTCUSD   Bitcoin
Despite overall bearish sentiment in the market, classical charting is saying we should be prepared for upside explosion as well.. This pattern is NOT validated until confirmed breakout from the flag. Invalidation comes with breaking down the flag - very bearish signal. I hope I inspired some of you..

Take care!

-DP-

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.