ergal91

BTC daily bull flag formation, target is 73600$

BINANCE:BTCUSDT   Bitcoin / TetherUS
Welcome to this analysis about BTC. we are looking at the daily timeframe perspective, the recent events, the established formational structure and what we can expect in the coming days. BTC formed daily bull flag formation and has broken diagonal resistance as you see, we need candle confirmation for further movement and reaching our target. Will be better if BTC consolidates a little bit and accumulates some energy near resistance level which will help to make more strong upward movement.

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.