BTC Eyeing a Move to around 6480-6520 for BITMEX:XBTUSD.P by kdenery

Flag Fibonacci

flagpattern fibonacci

Could this finally be the start of a bull market?

Comment:

Extended a mid and long term fib to current time, as well as some old trendlines i had drawn, seen below

It's insane how perfect crypto follows this stuff...

but also want to note that now, considering this, I see a LOT of resistance around the pink circle, and it would line us up for a perfect double top...

thoughts?

Comment:

Just as i thought, after an initial rejection at 6450, we ultimately rallied up and are currently sitting on our .236 fib line at 6515 at the time of this update. Will make a follow update soon

Trade closed: target reached

Comment:

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