BTCUSDT 1H - This impulse could break the flag structure to the 
2024-10-07

BTCUSDT 1H - This impulse could break the flag structure to the upside.

That's all there is to it. BTCUSDT has stopped falling at around 60K and is gaining a strong momentum that could finally lead it to break the resistances above it. As always, we must pay attention to the dynamic SLs for our decision making. Those of you who are already on the ship can prepare to go to the moon.

Don't forget to fasten your seatbelts and keep an eye on the dynamic SLs in case the ship turns over :)

This weekend we had a bearish EMA 50 - 100 crossing up to 60000 and now we have a BULLISH EMA 50 - 100 crossing that counteracts all the strength of the previous impulse in a support zone.

Below 60000, we would be out until it takes that level again.

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I share with you my technical analysis assessments on certain stocks that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Get informed, train yourself and build your own strategies when it comes to investing. I only hope that my comments help you on your own path :)