Bitcoin bull flag formation 15 minute chart

\BTC broke out of the triangle support with increasing volume and finding support at 10400, we are now in a bullflag formation. Even tho this is a bullish pattern i think that indiciators as mac d 4 hour and rsi 4 hr look very sloppy and want to go down a little further, just look for a high volume breakout and make sure you use a Stoploss!

Possible targets are:
Bullish: back to test 10700~10800
Bearish: 10200 first target, might get lot worse

Also the daily ma 50 daily close desides if the buls or bears are in controll.

Yorum:

so we broke bullish ;)