BTC/USDT - 1D - Potential bull flag and channel breakout
Potential bull flag forming on the Binance Daily BTC/USDT chart.
Channel (flag) measured move up, could send price into the golden pocket area of the fib extension.
Channel break down will send price to the bottom of the blue long term trend line.
Red pole's measured move could send price to the 100% fib extension area. The larger yellow pole could move it to the top of the blue long term trend line.
Channel (flag) measured move up, could send price into the golden pocket area of the fib extension.
Channel break down will send price to the bottom of the blue long term trend line.
Red pole's measured move could send price to the 100% fib extension area. The larger yellow pole could move it to the top of the blue long term trend line.