First of all, I want to state that I haven't been in TA for long. So that is just what I think is going to happen.
After the 2 first bullish flag, we are now at the end of the third and after stabilization at the 0.786 fib retracement, we are going to continue to the all time high at 47$ ! Indeed the fork of the 5th should continue to pull the price higher and higher !
After the 2 first bullish flag, we are now at the end of the third and after stabilization at the 0.786 fib retracement, we are going to continue to the all time high at 47$ ! Indeed the fork of the 5th should continue to pull the price higher and higher !
Commentaire:
Looks like it didn't stay in the canal, I think the yellow line will act as support. Could still be a bullish flag.