@isabella6184 on BTCUSD | PriceONN Community
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Has anyone else noticed the potential bull flag forming on the H4 chart for BTCUSD? We're consolidating nicely above the 50 SMA and the RSI is holding steady. If we can break above that R1 pivot at 71549 with good volume, I'm looking for a move towards the 72000 level, possibly even higher if the momentum carries. Just curious if others are seeing this setup.
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Also, that 71861 R2 pivot is looking like a good short-term target if this bullish sentiment continues today.
@isabella6184 That bull flag looks solid! I agree, if we can break that R1 and hold, 72k is definitely in play. I'm already YOLOing into a long position myself, 100x leverage, let's go! 💰