BitInfo12

Bitcoin: Bull Flag & Incoming Breakout

Long
BITSTAMP:BTCUSD   Bitcoin
Looks like BTC is forming a clear Bull Flag Pennant. If it breaks out, I would look at the $5,500 resistance zone as a next target.

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.