BTC/USD 1H Chart – Bull Flag Breakout in Play
Observing a potential bullish continuation setup on the 1H timeframe. After a strong impulsive move to the upside, BTC formed a downward-sloping consolidation (bull flag pattern). Price has now broken out of the upper trendline with strong momentum.
The breakout also occurred above a previous resistance zone (highlighted in red), which may now act as support. If the structure holds, the measured move target based on the flagpole could indicate further upside.
This is not financial advice. Chart shared for educational and technical analysis purposes only.
Observing a potential bullish continuation setup on the 1H timeframe. After a strong impulsive move to the upside, BTC formed a downward-sloping consolidation (bull flag pattern). Price has now broken out of the upper trendline with strong momentum.
The breakout also occurred above a previous resistance zone (highlighted in red), which may now act as support. If the structure holds, the measured move target based on the flagpole could indicate further upside.
This is not financial advice. Chart shared for educational and technical analysis purposes only.
FX|GOLD|CRYPTO| Clean Charts, Sniper Signals & Smart Risk Management. Telegram t.me/smarttrading072
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FX|GOLD|CRYPTO| Clean Charts, Sniper Signals & Smart Risk Management. Telegram t.me/smarttrading072
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。