BlackBead

BTC Price is making Higher Highs and Higher Lows (EN)

Long
BlackBead Updated   
INDEX:BTCUSD   Bitcoin
Hello lovely people
I have good news! Bitcoin Price is making HH and HL in the chart according to my last idea there is ex-resistance trend line which is now supporting price. this was what I truly waned to see happen for price. now we can say that last dump we have seen could be a huge pullback after price broke "The Old 206 Daily resistance".

I hope this was useful for you.
Comment:
This even looks like a bear flag which I don't think it's the case according to my previous idea.

but keep it in mind if it was a bear flag in future.
use stop losses and be safe :))
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.