The price is creating a bull flag after a breakout from the daily resistance as I told you on the previous analysis.
On 4h timeframe, the price is testing the 0.618 Fibonacci level on the daily support..
How to approach?
The price needs to have a new breakout from the bullflag with volume. Be careful to the 0.43$ resistance, it's a monthly resistance. According...
Bitcoin to 100k! Everyone keeps talking about it, but how are we going to get there? How did we get to where we currently sit?
Starting in December we had a steady increase in price with higher highs and higher lows, eventually forming a rising wedge and falling out of it in the beginning of April. Bitcoin needed to take a breath, and begin its next...
Simple bull flag setting up, I should have posted earlier when I saw. I have been silently thinking to myself that we will retest 28.3k, I think we are doing it now. This is not financial advice.
