pragmaticbestfit

BTCUSD - bear flag or ascending wedge - short term analysis

Short
BITSTAMP:BTCUSD   Bitcoin
Sticking to my previous analysis and targets. Looks like a bear flag or ascending wedge is taking shape so could possibly signal that we are going a bit lower.
Comment:
Looks a bit like it turned into an ascending triangle which would indicate movement up but we will see.

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.