CNotes1234

Bull Flag or forming descending triangle?

BITFINEX:BTCUSD   Bitcoin
With BTC whales, it's not out of the ordinary to see some massive short&long traps. Now, It's consolidating nicely, we can see how it plays within this 9-9.5k-11.5 range before a break.
Play the breaks, unless you want to trade smaller timeframe patterns. I'm posting to watch the movements play out. Still on a nice upward trend.
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.