BTC willing to push higher towards 38K but gets shoved down from that pricepoint constantly and is a hard resistance to go through.
If we would have a pullback before riding it upwards again a correction of 12% would actually be healthy towards 33/34K. For the moment speaking i am pretty bullish tho and BTC is still keeping its uptrend that it has been in for the last month after the pump.
You could also say the flag is tightening of 38K (horizontal line) and the uptrend that it has been in and it should make a move soon.
Keep in mind, if the uptrend holds then you shouldn't fade on it and respect the pump
If we would have a pullback before riding it upwards again a correction of 12% would actually be healthy towards 33/34K. For the moment speaking i am pretty bullish tho and BTC is still keeping its uptrend that it has been in for the last month after the pump.
You could also say the flag is tightening of 38K (horizontal line) and the uptrend that it has been in and it should make a move soon.
Keep in mind, if the uptrend holds then you shouldn't fade on it and respect the pump