BitcoinLong
Bitcoin Pole & flag formation, Breakout expected!
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BTCUSD has started the November month rally towards upper side, It has reached 36k twice in this month and got rejected at the time of writing BTCUSD is trading around 35300.00
Currently 50 EMA is acting as dynamic support for the bull. october month high (35150.00) is aligning with current support level.
We can see the pole and flag formation and the clear breakout and retest will invite more buyers into play. Breaking below 35k and the lower side trendline will open the door for the bear.
Currently 50 EMA is acting as dynamic support for the bull. october month high (35150.00) is aligning with current support level.
We can see the pole and flag formation and the clear breakout and retest will invite more buyers into play. Breaking below 35k and the lower side trendline will open the door for the bear.
Trade chiuso: obiettivo raggiunto
target achieved
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