chartreader_pro

BTCUSD Possible Long Opportunity

Long
BITFINEX:BTCUSD   Bitcoin
Bullish Flag
Trendline Breakout
Strong Bullish Candle
As described in the chart
The Idea will be updated according to the direction of the price.
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money
Comment:
The last resistance before the first target
Comment:
We almost reached the first target. As you will see in the chart, we need to see the breakout of 7188. Fibonacci 50% 7170 and Fibonacci 61.80% 7.400 will be the next targets.
Comment:
Sorry.Correction: 7270 Fibonacci 50%
Trade closed: target reached

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