BULL FLAG CONFIRMED ✅
“A bull flag pattern is a bullish chart pattern that occurs when a stock is in a strong uptrend. It is called a flag pattern because when you see it on a chart the large green candle of the initial move looks like a flag pole, and the sideways consolidation near the highs looks like a flag or a pennant.”
As we expected Bullish Flag is confirmed on a daily timeframe. You were informed about this beforehand and I hope you have managed to use this information properly and didn’t get liquidated🤝🏼
On the chart we can see that we are still above dynamic level of support. On top of that, we have tested twice support level at around $61k🤝🏼
During last three days were liquidated around $1.7B of long traders positions🤷 Which is a good sign for overall continuation of uptrend 🤔
Based on all this info we can expect that bitcoin will comeback soon. I believe it will happen after halving which is about to happen in less than 4 days😎
What are your thoughts on this??? Share in the comments below 👇🏻
