crypto_emu

BTC bull flag fractal fun

Long
crypto_emu Updated   
BITMEX:XBTUSD.P   Bitcoin
Obviously BTC seems to be in a bull flag after the pump which broke the falling wedge. So I looked at recent history to see if I could find a similar "bull flag after breakout pump" scenario. Grabbed some candles from July 1st 2018 onwards and lined them up with what we currently see...boom. If price follows this directly then feel free to call me a genius.
Comment:
Well of course this didn't play out like the fractal, not that I really expected it to. I don't think we'll get much of a pullback before wicking into 4.3k, this a tough resistance and will be the real test of the rally.

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.