This call is base on the idea of potential Bullish flag and pole formation which is possibly in accordance to the EW idea of last leg up of BTC impulsive cycle.
As we can see on the chart, the flag is well painted with price presently moving in a typical falling wedge which is also bullish in nature.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss according to your risk mitigation.
Level to watch for are: POSSIBLE ENTRY ZONE Possible Support LEVEL SELL TARGETS
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Note: It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
I have a very similar view but target is 23k. i give this 2month only to play out. lets see
weslad
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@Chrismikky, hmm, lovely patiently waiting for this
Jocoin
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Nice setup, I think 17 Jul low should not breakdown, if we look to wicks and 2d candles close on 2d chart, 2017 blue uptrend channel resistance/support are still playing nice. same line was working as resistance now turned to be a support!! we got 2d hidden bull div in play.