We have a confirmed breakout of an hourly bull flag forming on BTC pushing it above 50k. As you can also see the super trend indicator has flashed to a “long” signal and the RSI broke the 70 band of its upper range. This signals strong bullish momentum.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.