Graphic flag pattern in daily BITCOIN - Target projection
• Technical analysis regarding the price of BITCOIN for the next scenarios, based on daily movement.
• The price of bitcoin is moving towards a graphic continuation pattern known as "flag"
• We can make a partial one by taking the expansion from the starting point (mast) and placing it after the LTB break (placing our orders). However, for a safer entry, we will wait for the resistance to break, just above. We take the size of the mast and project it upwards at the break and get the target that the price might reach, in 58200.
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
• The price of bitcoin is moving towards a graphic continuation pattern known as "flag"
• We can make a partial one by taking the expansion from the starting point (mast) and placing it after the LTB break (placing our orders). However, for a safer entry, we will wait for the resistance to break, just above. We take the size of the mast and project it upwards at the break and get the target that the price might reach, in 58200.
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
