While catching up on the crypto charts today I couldn’t help but notice the daily chart on bitcoin looking bullish.
Flag and Go ???
After the big move a week ago we have seen price consolidate mostly sideways (much to my surprise) and now looks prime to push higher after letting the 10 day moving average catch up and essentially holding it.
It looks like we may get a flag pattern push higher. You can see my poorly drawn flag pattern on the chart
The key is for price to push and close above 9,550 for a breakout to happen. On the downside price cannot close below 8,950.