BOREARIS

Bitcoin (BTC/USD) Bull flag 1 hour

Bitcoin (BTC/USD) 1 hourConfirmed Oct 16, 16:00 UTC+8
BaseTopPullbackConfirmedClosedTarget 83,151.6Target 1 82,670.3Confirm 82,189.0Invalid 81,377.781,237.0━ MA20 + Bollinger Bands ━ MA50 1 hour70503039.91━ RSI ━ 9MA017.62━ MACD ━ MACD Signal10/15 12:0010/15 19:0010/16 02:0010/16 09:0010/16 16:0010/16 23:00
BaseTopPullbackConfirmedClosedTarget83,151.6Target1 82,670.3Confirm82,189.0Invalid81,377.781,237.0━ MA20 ━ MA5070503039.91━ RSI ━ 9MA017.62━ MACD ━ MACD Signal15 20:0016 07:0016 18:00

Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.

Bull flag: First target, then break-even

Target83,151.6
First target82,670.3
Confirmation82,189.0
Invalid at81,377.7
Move+0.19%

Timeframe1 hour
ConfirmedOct 16, 16:00
ClosedOct 16, 20:00
Duration5.0 h
Reward / risk1.19

What this tells you

A sharp rise followed by a small pullback; a break above the consolidation usually means the uptrend resumes.

Check it on the live chart

← All chart patterns · Other patterns for this market · Key levels and research for this market · How to read patterns

Swing points

PointTime UTC+8Price
Pole baseOct 15, 21:0079,640.0
Pole topOct 15, 23:0082,557.0
Pullback lowOct 16, 11:0081,483.0
ConfirmationOct 16, 16:0082,189.0

Recently closed Bull flag patterns: 14 in total, 7 reached the target first (50%), 7 were invalidated and 0 expired. Results by pattern →

Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.

Live levels and price alerts in the app

The Borearis app has live levels for every market, price alerts, daily picks and AI analysis.

Download on the App Store Get it on Google Play