Still on same target on BTC, we had nice breakout from the previous falling wedge pattern with price presently consolidating within a potential flags which is Bullish in nature and with this still gave the good momentum for the Bull.
From the chart we had completed wave 1 and we are expecting a retracement to form the base zone for our wave 2 before the big rally will follow for wave 3.
Post will be timely updated as usual.
Follow my suggested accumulation zone to ladder your Long orders.
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.
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Market is going as expected so far, still very much within the Bull flag.
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Price still maintain flag formation but if we have surprise breakout from leg 4 will mean a lot of buying pressure placed on BTC and this will result into massive upside movement.
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flag formation continues
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Hello guys price still very much within the Bull flag, we are waiting for the last leg drop to pick our main long order.
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Trade closed: target reached
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Immediate target zone achieved. Great analysis guys.
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After achieving the proposed wave 3 and presently price has dropped to achieved wave 4 here is next expecations