tradeornottrade

Bitcoin to Decide triggering bull flag or not

tradeornottrade Updated   
BITSTAMP:BTCUSD   Bitcoin
According to our analysis there are three scenarios
A: bull flag on 4hr will be triggered right away by breaking 51.2K. Target is 53.3-53.7 area
B: fake bart: if 49.6K broken then 49.3K holds. Same target of bull flag.
B-2: Alternative continuation of B way. if 49.3 does not hold then the target 48.4 to complete h&s
Comment:
Miswritten B:fake bart: if 49.6K broken
Correction: "B:fake bart: if 50.6K broken" (pink little horizontal)

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.