Hi fellow traders. Please check the original post on SANDBTC for detailed explanations
Looking at the hourly pattern there is a potential Bullish flag . Within this flag the next support line are RF-0.38 or 0.5. If the top of the channel breaks then it will try RF-0.23 again and head for RF-0.0 the historical peak (target1, 25% profit), and possibly Fibo- 1.27 (target 2, 60%).
WHAT ABOUT LONG TERM THEN? If it manages to break the last historical peak then the targets are target 2 (60%) to target 5 (200%) depending on the future movments.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.