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NodeInvestor
9 feb 2019 18:17

BTC Bull Flag - What to look for next Formazione

Bitcoin / United States DollarCoinbase

Descrizione

A look at some recent BTC impulse moves higher and subsequent price movement. I prefer bull flags that drift lower on lighter volume and then push higher on increased volume. However, ultimately the breakout volume and follow-through move is what's important. Box A is yesterday's move showing an ideal pullback level. Box B is the Dec 17th move which turned into a good multi-day run. Notice the volume. Box C is the failed breakout attempt in early January. How will this latest one turn out is yet to be seen but so far the volume signature is positive. Sitting tight for a another day will help cool off the technicals and let the EMAs catch up. After that, we'll want to see some volume on a push above 3700 and see prices hold above that level.
Commenti
zach.desm
update?
jebrannon
What is the blue line at the volume called?
Boon2
BTCUSD H4 Correction up. Checkout the idea detail's and all the update's for the complete picture.
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