As per my previous analysis' the target of 7150 for the symmetrical triangle still stands at this point. Bull flag forming on declining volume. Expect to see a bounce off of the grey channel support. It is possible we might wick down to the 50 MA or even 100 MA for some stop hunting, so please be mindful of this. If the grey channel holds, then this is likely the last chance to get cheap bitcoin in 65xx-66xx range before we launch out of the long term bullish descending narrowing wedge and bull season is upon us! Trade safe!
Kommentera:
Drop out of the flag. Test of the 100MA and level of break out of the triangle:
