BTCUSDT: Potential Breakout with Bullish Flag Pattern Formation
This 12-hour chart for BTCUSDT shows a developing bullish flag pattern within a descending channel. The first breakout of the bullish flag is essential to confirm upward momentum, targeting resistance at $67,594. A second breakout above the descending channel is needed to confirm a full trend reversal. Upon successful confirmation, BTC could potentially rally toward $90,000, but caution is advised until breakouts are confirmed.
Note
We broke the bull flag. Next up, descending channel.Note
We broke the descending channel. Now we moon.Note
Expecting PullbacksTrade active
New ATH! Thank you trumpNote
80k!!! TO THE MOONTrade closed manually
I am happy with 
BTC at 88k
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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.