LIVEBULL 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 👇🏻
LIVEHere we are in almost 15 days from halving 🙌🏼
So let’s look on the chart in more details 👀
🔸Bitcoin could form Bullish pennant on a daily timeframe which could take up to 2 weeks or so
🔸Bullish flag is also possible which is also good in terms of continuation of uptrend 😏
🔸RSI + Price chart also give us bullish divergence pattern on a daily timeframe
🔸 On top of that, April historically is one of the most pleasant months for Bitcoin
Based on above mentioned, we could say that April is going to be very hot. Even though, we had 7 green monthly candles in a row earlier🤷
I have opened new orders starting from $62k and below. Also, I already have my position on BTC opened from $60800 level.
What are you guys expecting from bitcoin this month? Share your thoughts below 👇🏻
#BTC #Write2Earn #TrendingTopic