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JeanPierreDoran

Bull Flag Pattern forming?

Long
Bitcoin / Tether (KUCOIN:BTCUSDT)  
JeanPierreDoran Updated   
KUCOIN:BTCUSDT   Bitcoin / Tether
Support and Resistance Flag Triangle Bitcoin (Cryptocurrency) bullflagpattern bullflags Symmetrical Triangle
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supportandresistance flagpattern triangle bitcoin bullflagpattern bullflags symmetricaltriangle
I think that we are seeing a Bull Flag pattern on the hourly charts. If it plays out, it could push the price of BTC to $23.500.

Even though there is heavy resistance at the 22.3k level, I think it is very likely that we will be seeing 23k Bitcoin price this week.

The Bull Flag is also inline with my other analysys > Symmetrical Triangle

Comment:
Bull Flag dit not play out. It looks like BTC is testing the Symmetrical Triangle for support.
snapshot

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JeanPierreDoran
Symmetrical Triangle broke to the upside
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