FloTi

Modest BTC prediction

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
We dropped form the high of the end of June, down to the 0.618 Fib, we broke out of the falling wedge on the 27th of October. A bullish flag was currently built, I can't explain how and why, but normally the 0.618 Fib bounce goes up to 0.618 aka the dotted red line and red circle, which is by no surprise the target of the bullish flag pattern. This is not a financial advise, let's see how this works out. I might be wrong, who knows.
Either you buy the breakout or wait if BTC goes to 9050 again.

Stoploss below the green dotted line

Idées en relation

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