elfavorito

BTC Bull flag to $8600?

Long
elfavorito Updated   
BITSTAMP:BTCUSD   Bitcoin
Seems like BTCUSD chart might be playing out a classic bull flag pattern.

If this plays out nicely, we are looking at a continuation of the uptrend to around the $8600 level.
Comment:
This short term pattern failed to realise the way I was thinking it would and instead broke down.
It seems like the downswing will finish the bart pattern.
Comment:
Whoever followed this trade got rekt
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.