We also notice the presence of the flag pattern, which is a continuation of the bullish trend
The model appears on the 4-hour time frame
When we see the RSI indicator, we see that the price fell completely from the level of 69.1 which represents 61.8% on Fibonacci
So that we will now have a bullish upward trend line and the price is expected to move up again to test the 69.1 level on the index
Resolution: Buy from current prices
Target: 1340 Satoshi
The model appears on the 4-hour time frame
When we see the RSI indicator, we see that the price fell completely from the level of 69.1 which represents 61.8% on Fibonacci
So that we will now have a bullish upward trend line and the price is expected to move up again to test the 69.1 level on the index
Resolution: Buy from current prices
Target: 1340 Satoshi
Trade closed: target reached:
Target done 1340 st