Bitcoin
Long
Updated

BTCUSD Flag projection at $41,786

257
Hi, my previous analysis at BTC are waiting for Flag break up, and we have break and retest yesterday.
This flag resistance become a new support (classic support and resistance) to hold bearish wave around $36,100
Target for this pattern (AB=CD) at $41,786

we also have unconfirmed channel up (dashed line), this channel up will help BTC to reach target.
I will update more about BTC as soon as i found a new pattern

If you have any question, do not hesitate to contact me
Your support at this analysis will also support BTCUSD to reach bullish target
Click here to check my other analysis
Note
channel up almost confirmed, we still wait for a new higher high.
I will pdate this chart tomorow.

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.