Foobonacci

BSV is printing a bull flag

Long
FTX:BSVPERP   Bitcoin SV Perpetual Futures
BSV is printing a bull flag between the 0.618 retrace and a custom fib level (Shhhhhh secret)
Usually this type of flag will have 5 moves before breaking higher but I've also marked on the chart where we could go lower.
Either way we should be looking for a break, and then a retest to confirm support or resistance before taking a position with a tight stop inside the zone.

Manage your risk.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.