TraderRahulPal

WILL BITCOIN BREAKOUT BULLISH FLAG PATTERN?? IF Y THEN 25K SOON.

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
This is my 3rd view (idea) on BITCOIN first two target got successfully achieved..

BITCOIN is trading in bullish flag pattern and consolidating in flag channel,,well according to chart pattern we are definitely going to breakout,,once this breakout will successfully take place then we can see a perfect rally towards 25k level,,but as of now 25k level looks strong resistance zone for BITCOIN, so might be we can take small U turn and then 23800-24100 will act as support zone for btc,,i am expecting some consolidation in range of 24000-25200 after breakout of current bullish flag pattern. looks those level very promising for btc if that gonna to sustain then definitely we can see (BTC) towards 27k levels..if that is not gonna to sustain may be we can see 22k levels back again. well for now if anyone wants to take long position can go with current price 23345 also and if you got levels in between 22800-23000,,then take there too..and keep stop loss 22200 and target will be 24800/25000/25200. well 27k will be final target but we need perfect consolidation in zone which i have discussed earlier in this idea,

WHAT if this goes south?
Well chances are very less for fake breakout,,but anyway if somethings goes against to our analyse our stop loss will protect us and will see another best trade:))

Please guy's if you like my idea then do not forget to like and follow me and also give comment of your thoughts about my idea and BTC.
Thankyou.

Best Regards,
Rahul Pal
(Full Time Trader & Investor)

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