I think it is obvious that
BTCUSD
is now in a bull flag. Here I am showing where we could be after the breakout of this bull flag. I also used the Fib to show hidden lines of potential targets. If we go by the pole alone we will end up just below 20K and if we add the hidden lines the Fib shows as a potential target we are looking at just above 20K.
I hope you enjoyed this analysis. Thank you for checking it out.
I hope you enjoyed this analysis. Thank you for checking it out.
Trade active:
We need to close above resistance. Basically, we need to close and stay above $9000.00 now to start making way towards taking control back from the bears.